Benchmark contracts
| Benchmark | Type | Contract spec | Unit | Range | As of | Deliverable grade |
|---|---|---|---|---|---|---|
| Tsukiji/Toyosu Market, TokyoHeadline | physical_fob | — | USD/kg | 25–45 | Dec 2024 | — |
| Japan import | physical_cif | — | USD/kg | 18–32 | Dec 2024 | — |
| Port Lincoln, Australia | physical_fob | — | USD/kg | 12–22 | Dec 2024 | — |
Premium structure
Differentials between benchmarks reveal where physical tuna (bluefin) trades relative to the futures reference and how regional grades price against the global standard.
| Benchmark | Differential | Notes |
|---|---|---|
| Tsukiji/Toyosu Market, Tokyo | — | |
| Japan import | — | |
| Port Lincoln, Australia | — |
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