Benchmark contracts
| Benchmark | Type | Contract spec | Unit | Range | As of | Deliverable grade |
|---|---|---|---|---|---|---|
| India (Kandla/Mundra)Headline | physical_fob | — | USD/MT | 380–450 | Dec 2024 | — |
| USA (Georgia/Texas) | physical_fob | — | USD/MT | 650–750 | Dec 2024 | — |
| China (Shanghai) | physical_cif | — | USD/MT | 1200–1400 | Dec 2024 | — |
Premium structure
Differentials between benchmarks reveal where physical peanuts trades relative to the futures reference and how regional grades price against the global standard.
| Benchmark | Differential | Notes |
|---|---|---|
| India (Kandla/Mundra) | — | |
| USA (Georgia/Texas) | — | |
| China (Shanghai) | — |
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