Mintec to launch Sunflower meal Mintec Benchmark Prices

All Market Notes 16 June 2023

Following a period of market feedback, Mintec has decided to launch weekly Mintec Benchmark Prices (MBP) for Sunflower meal CIF China. The assessment will begin publication effective from Friday, 30th June 2023. The initial proposal was communicated in a market note which can be found here.

The specification for the assessment will be as below:
 

The assessment will reflect the transactable value at 16:00:00 London time.

Sunflower meal is used in both food and animal feed with China accounting for about 30% of global imports. The launch of this assessment will allow Mintec subscribers to monitor prices in one of the world's largest importers and provide a more granular look at the global vegetable meal markets.  

Please send any questions or comments about this market note to 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.