Mintec proposes to Launch US Pecan Mintec Benchmark Prices

All Market Notes 31 August 2023

Mintec is proposing to launch two monthly Mintec Benchmark Prices for pecans FOB US and is collecting feedback from market participants in the treenut markets 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 as below: 

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

The US is a major pecan exporter, and the proposed assessments would provide Mintec subscribers with insight into two commonly traded grades of pecan kernels. This would further enhance market participants ability to manage risk and track price trends in the global nut markets. 

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.