Mintec proposes to launch two new German pork shoulder assessments

All Market Notes 25 October 2021

Mintec is proposing to launch two new weekly Mintec Benchmark Prices assessments for different grades of German pork shoulder, effective 30 November 2021. Mintec is collecting feedback on this proposal from any market participants until Monday, 8 November 2021.

The proposed assessments, including their specifications, are:

The proposed assessments would reflect the transactable value at 16:00 London time for the prices of a full container load of pork shoulder on a per kilogram basis.

The proposed assessments would provide additional pricing information and transparency for the German pork market, one that is opaque and which has been historically underserved, providing Mintec clients with a set of objective and independent price benchmarks for one of Europe's largest pork producing countries.

Please send any feedback on this proposal to Methodology@mintecglobal.com by Monday 8  November, 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.