Benchmark contracts
| Benchmark | Type | Contract spec | Unit | Range | As of | Deliverable grade |
|---|---|---|---|---|---|---|
| Huelva, SpainHeadline | physical_fob | — | USD/MT | 1800–3200 | Dec 2024 | — |
| Shanghai, China | physical_fob | — | USD/MT | 1200–1600 | Dec 2024 | — |
| Los Angeles, USA | physical_fob | — | USD/MT | 2400–3100 | Dec 2024 | — |
Premium structure
Differentials between benchmarks reveal where physical strawberries trades relative to the futures reference and how regional grades price against the global standard.
| Benchmark | Differential | Notes |
|---|---|---|
| Huelva, Spain | — | |
| Shanghai, China | — | |
| Los Angeles, USA | — |
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