Benchmark contracts
| Benchmark | Type | Contract spec | Unit | Range | As of | Deliverable grade |
|---|---|---|---|---|---|---|
| Kandla Port, IndiaHeadline | physical_fob | — | USD/MT | 1200–1450 | Dec 2024 | — |
| Bandar Abbas, Iran | physical_fob | — | USD/MT | 1350–1600 | Dec 2024 | — |
| Rotterdam, Netherlands | physical_cif | — | USD/MT | 1500–1750 | Dec 2024 | — |
Premium structure
Differentials between benchmarks reveal where physical fennel seeds trades relative to the futures reference and how regional grades price against the global standard.
| Benchmark | Differential | Notes |
|---|---|---|
| Kandla Port, India | — | |
| Bandar Abbas, Iran | — | |
| Rotterdam, Netherlands | — |
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