Benchmark contracts
| Benchmark | Type | Contract spec | Unit | Range | As of | Deliverable grade |
|---|---|---|---|---|---|---|
| Austria/GermanyHeadline | physical_fob | — | USD/MT | 8000–12000 | Dec 2024 | — |
| United States | physical_fob | — | USD/MT | 6500–9500 | Dec 2024 | — |
| Eastern Europe | physical_cif | — | USD/MT | 15000–22000 | Dec 2024 | — |
Premium structure
Differentials between benchmarks reveal where physical elderberry trades relative to the futures reference and how regional grades price against the global standard.
| Benchmark | Differential | Notes |
|---|---|---|
| Austria/Germany | — | |
| United States | — | |
| Eastern Europe | — |
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