Mintec to launch Sunflower Oil and Palm Oil Indian 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 Oil and Palm Oil CIF India. The assessments will begin publication effective from Friday, 30th June 2023. The initial proposal was communicated in a market note which can be found here.

The specifications for the assessments will be as below:
 

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

India is the largest global importer of vegetable oils including sunflower oil and palm oil. The launch of these assessments will allow Mintec subscribers to monitor prices for the world's largest importers and provide a more granular look at the global vegetable oil 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.