How millet is priced

Jodhpur, India · USD/MT · Contract size N/A

Benchmark contracts

BenchmarkTypeContract specUnitRangeAs ofDeliverable grade
Jodhpur, IndiaHeadlinephysical_fob—USD/MT280–320Jan 2025—
Lagos, Nigeriaphysical_cif—USD/MT310–350Jan 2025—
Tianjin, Chinaphysical_fob—USD/MT270–300Jan 2025—

Premium structure

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

BenchmarkDifferentialNotes
Jodhpur, India—
Lagos, Nigeria—
Tianjin, China—
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