Benchmark contracts
| Benchmark | Type | Contract spec | Unit | Range | As of | Deliverable grade |
|---|---|---|---|---|---|---|
| Brazil (Bahia)Headline | physical_fob | — | USD/MT | 420–520 | Dec 2024 | — |
| Mexico (Yucatan) | physical_fob | — | USD/MT | 380–480 | Dec 2024 | — |
| Rotterdam | physical_cif | — | USD/MT | 650–800 | Dec 2024 | — |
Premium structure
Differentials between benchmarks reveal where physical sisal trades relative to the futures reference and how regional grades price against the global standard.
| Benchmark | Differential | Notes |
|---|---|---|
| Brazil (Bahia) | — | |
| Mexico (Yucatan) | — | |
| Rotterdam | — |
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