Mintec proposes launching Chilean Raisin Mintec Benchmark Prices

All Market Notes 31 August 2023

Mintec is proposing to launch 4 monthly Mintec Benchmark Prices for Chilean Thompson seedless raisins. Mintec is collecting feedback on this proposal from any market participants until Thursday 14th September 2023. Mintec is proposing to launch these assessments, if supported by the industry, on Friday 29th September 2023.

The proposed specifications for these assessments would be:

The proposed assessments would reflect the transactable value at 16:00 London time.

Chile is a major exporter of dried grapes and the proposed assessments would provide increased transparency and an independent benchmark for market participants in the dried fruit markets. Additionally, these assessments would complement Mintec’s existing dried grape coverage and allow for Mintec customers to compare costs between the major exporting regions, including Turkey, South Africa and the US.

Please send any feedback on this proposal to Methodology@mintecglobal.com by Thursday 14th September 2023, and clearly state which market note your comments relate to, and if comments are intended for publication by Mintec.

 

Mintec will acknowledge receipt of all comments by email.