How grapes is priced

Spain/Peru FOB · USD/MT · Contract size N/A

Benchmark contracts

BenchmarkTypeContract specUnitRangeAs ofDeliverable grade
Spain/Peru FOBHeadlinephysical_fob—USD/MT1200–2000Dec 2024—
France FOBphysical_fob—USD/MT400–700Oct 2024—
Turkey CIF Rotterdamphysical_cif—USD/MT2200–2800Nov 2024—

Premium structure

Differentials between benchmarks reveal where physical grapes trades relative to the futures reference and how regional grades price against the global standard.

BenchmarkDifferentialNotes
Spain/Peru FOB—
France FOB—
Turkey CIF Rotterdam—
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