---
title: Mintec to launch new weekly Mintec Benchmark Prices for US sugar
description: Mintec to launch new weekly Mintec Benchmark Prices for US sugar
---

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# Mintec to launch additional new US sugar Mintec Benchmark Prices

[![](https://www.mintecglobal.com/hubfs/Mintec%20March%202021/back-arrow.png) All Market Notes ](https://www.mintecglobal.com/marketnotes?hsLang=en) 13 March 2023

Following a period of market feedback, Mintec has decided to launch additional Mintec Benchmark Prices for US sugar. The publication of the assessments will start on Wednesday, March 29th, 2023.  

The initial proposal was announced in a market note published on February 24th, 2023, and can be viewed [here](https://www.mintecglobal.com/mintec-to-launch-new-weekly-mintec-benchmark-prices-for-us-sugar-0?hsLang=en).  

The full specifications for the assessments are as below: 

![](https://www.mintecglobal.com/hubfs/undefined-Mar-10-2023-05-00-42-3839-PM.png)

The assessment will reflect the transactable value every Wednesday at 16:00:00 US Eastern time.  

Due to the opaque nature of the US sugar industry, reliable benchmarks are difficult to find. The complex nature of the industry, with high levels of trade protectionism and variable input costs, coupled with the large size of volume traded and importance of sugar as a key commodity for many businesses, has led to high demand for such a benchmark. These Mintec Benchmark Prices would provide an independent reference point for the industry. In addition to the existing MBP for US sugar, which are assessed on a spot basis, these new benchmarks will provide further clarity on 12-month contract pricing, a common feature of the industry. 

Please send any questions or comments about this market note to [methodology@mintecglobal.com](mailto:methodology@mintecglobal.com), 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. 

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