Mintec Corrects 15 September 2022 Assessment for the J116 Unsalted Butter EU Mintec Benchmark Prices

Mintec has corrected the assessment values for the Mintec Benchmark Prices for Butter unsalted EXW EU with the Mintec Code J116, for 15 September 2022.

The correct value is as follows:

Butter unsalted EXW EU was assessed at €7,300/mt on 15 September, up €120/mt from the previous assessment.

This has been updated in the Mintec Analytics platform.  The rationale has also been amended to reflect the updated assessment value and now reads:

15 September 2022 | Mintec Benchmark Prices for Butter unsalted 82% EXW Europe (J116) | Assessment Price €7,300/mt | Change +€120/MT

Mintec assessed its Mintec Benchmark Prices for unsalted Butter 82% ex-works EU at €7,300/mt, up €120/mt from the previous assessment. A trade was heard at €7,300/mt on 14 September and Mintec assessed in line with this trade. No data were excluded from the assessment.

Please send any questions or comments about this market note to [email protected].