Mintec proposes to launch Scottish Packing Potato Mintec Benchmark Prices

All Market Notes 7 August 2023

Mintec is proposing to launch 2 weekly Mintec Benchmark Prices (MBP) for Scottish packing potatoes and is collecting feedback from market participants in the potato markets until Monday, 21st August 2023.

If the industry supports this proposal, Mintec suggests launching these assessments on Wednesday 6th September.

The proposed specifications for the assessments would be as below:

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

The proposed assessments would complement Mintec’s existing packing potato coverage and provide Mintec subscribers additional granularity and insight into the UK potato markets.

Please send any questions or comments about this market note to Methodology@mintecglobal.com, by Monday, 21st August 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.