Benchmark contracts
| Benchmark | Type | Contract spec | Unit | Range | As of | Deliverable grade |
|---|---|---|---|---|---|---|
| Addis Ababa/Djibouti PortHeadline | physical_fob | — | USD/MT | 650–850 | Dec 2024 | — |
| Ethiopia | physical_fob | — | USD/MT | 550–700 | Dec 2024 | — |
| Ethiopia to EU | physical_cif | — | USD/MT | 1200–1500 | Dec 2024 | — |
Premium structure
Differentials between benchmarks reveal where physical teff trades relative to the futures reference and how regional grades price against the global standard.
| Benchmark | Differential | Notes |
|---|---|---|
| Addis Ababa/Djibouti Port | — | |
| Ethiopia | — | |
| Ethiopia to EU | — |
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