Benchmark contracts
| Benchmark | Type | Contract spec | Unit | Range | As of | Deliverable grade |
|---|---|---|---|---|---|---|
| Sofia, BulgariaHeadline | physical_fob | — | USD/kg | 8500–12000 | Dec 2024 | — |
| Istanbul, Turkey | physical_fob | — | USD/kg | 6500–9500 | Dec 2024 | — |
| Tehran, Iran | physical_fob | — | USD/kg | 4000–6500 | Dec 2024 | — |
Premium structure
Differentials between benchmarks reveal where physical rose oil trades relative to the futures reference and how regional grades price against the global standard.
| Benchmark | Differential | Notes |
|---|---|---|
| Sofia, Bulgaria | — | |
| Istanbul, Turkey | — | |
| Tehran, Iran | — |
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