Benchmark contracts
| Benchmark | Type | Contract spec | Unit | Range | As of | Deliverable grade |
|---|---|---|---|---|---|---|
| Izmir, TurkeyHeadline | physical_fob | — | USD/MT | 1800–2400 | Dec 2024 | — |
| Gujarat, India | physical_fob | — | USD/MT | 1600–2200 | Dec 2024 | — |
| Fresno, United States | physical_fob | — | USD/MT | 2000–2600 | Dec 2024 | — |
Premium structure
Differentials between benchmarks reveal where physical raisins trades relative to the futures reference and how regional grades price against the global standard.
| Benchmark | Differential | Notes |
|---|---|---|
| Izmir, Turkey | — | |
| Gujarat, India | — | |
| Fresno, United States | — |
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