Mintec to launch monthly NFC Orange juice Mintec Benchmark Prices

Mintec to launch monthly NFC Orange juice Mintec Benchmark Prices

May 16, 2024

Following a period of market feedback, Mintec has decided to launch monthly Mintec Benchmark Prices (MBP) for European ‘not from concentrate’ (NFC) orange juice of Brazilian origin. The publication of the new assessment will start from Friday, 31st May 2024.

The initial proposal was announced in a market note published on Monday, 29th  April 2024 which can be viewed here

The specifications for the assessment will be as below:

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

NFC orange juices are widely consumed products which make up a substantial proportion of trade in the global juice markets. The assessment will give Mintec subscribers a reliable and independent benchmark for NFC orange juice in the European markets. In addition, the assessment will complement Mintec’s existing juice coverage allowing subscribers to compare prices between NFC and concentrate orange juices.

Please send any questions or comments about this market note to [email protected] and clearly state which market note your comments relate to, and if the comments are intended for publication by Mintec.

Mintec will acknowledge receipt of all comments by email.