Benchmark contracts
| Benchmark | Type | Contract spec | Unit | Range | As of | Deliverable grade |
|---|---|---|---|---|---|---|
| Murcia, SpainHeadline | physical_fob | — | USD/MT | 800–1400 | Jun 2024 | — |
| Verona, Italy | physical_cif | — | USD/MT | 1200–1800 | Jun 2024 | — |
| Shanghai, China | physical_fob | — | USD/MT | 600–1000 | Jun 2024 | — |
Premium structure
Differentials between benchmarks reveal where physical peaches trades relative to the futures reference and how regional grades price against the global standard.
| Benchmark | Differential | Notes |
|---|---|---|
| Murcia, Spain | — | |
| Verona, Italy | — | |
| Shanghai, China | — |
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