Benchmark contracts
| Benchmark | Type | Contract spec | Unit | Range | As of | Deliverable grade |
|---|---|---|---|---|---|---|
| Izmir, TurkeyHeadline | physical_fob | — | USD/MT | 4200–5100 | Dec 2024 | — |
| Piraeus, Greece | physical_fob | — | USD/MT | 5800–7200 | Dec 2024 | — |
| Rotterdam, Netherlands | physical_cif | — | USD/MT | 4500–5600 | Dec 2024 | — |
Premium structure
Differentials between benchmarks reveal where physical oregano trades relative to the futures reference and how regional grades price against the global standard.
| Benchmark | Differential | Notes |
|---|---|---|
| Izmir, Turkey | — | |
| Piraeus, Greece | — | |
| Rotterdam, Netherlands | — |
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