Benchmark contracts
| Benchmark | Type | Contract spec | Unit | Range | As of | Deliverable grade |
|---|---|---|---|---|---|---|
| Mumbai/Ratnagiri, IndiaHeadline | physical_fob | — | USD/MT | 450–650 | Dec 2024 | — |
| Veracruz, Mexico to Rotterdam | physical_cif | — | USD/MT | 520–720 | Dec 2024 | — |
| Bangkok, Thailand | physical_fob | — | USD/MT | 380–550 | Dec 2024 | — |
Premium structure
Differentials between benchmarks reveal where physical mangoes trades relative to the futures reference and how regional grades price against the global standard.
| Benchmark | Differential | Notes |
|---|---|---|
| Mumbai/Ratnagiri, India | — | |
| Veracruz, Mexico to Rotterdam | — | |
| Bangkok, Thailand | — |
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