Mintec proposes to launch delivered High Fructose Corn Syrup, Dextrose, and Sugar Mintec Benchmark Prices

All Market Notes 15 August 2023

Mintec is proposing to launch new weekly Mintec Benchmark Prices (MBP) for delivered high fructose corn syrup (42% and 55% dextrose equivalent), dextrose (liquid and dry), as well as cane sugar and beet sugar, and is collecting feedback from market participants in the sweetener markets until Wednesday, August 30th, 2023. If supported by the industry, the proposed launch date would be Thursday, September 21st, 2023.

The proposed specifications for these assessments would be:

The proposed assessment would reflect the transactable value every Thursday at 16:00:00 US Eastern time.  

Due to the opaque nature of the US sugar and sweetener industry, reliable benchmarks are difficult to find. The complex nature of the industry, with high levels of trade protectionism and variable input costs, has led to high demand for such benchmarks. These Mintec Benchmark Prices would provide an independent reference point for the industry.  

Please send any questions or comments about this market note to methodology@mintecglobal.com by Wednesday, August 30th, 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.