Mintec Benchmark Prices Assessment Methodology

This document is a technical report detailing the Mintec Assessment Methodology for Benchmark Prices (MBP). It outlines the methodology process, which consists of six primary stages, and explains the significance of MBP as proprietary price assessments collected by the Commodity Insights Team. The report describes how MBP provides granularity and specificity for various product types and grades, ensuring that published prices represent market value. The assessment frequency is categorized into daily, weekly, and monthly assessments, with clear definitions of timestamps and publication schedules. Additionally, the document addresses the procedures for price submission, including the necessary data quality standards and verification processes. It emphasizes the importance of transparency and editorial judgment in the assessment process, along with the need for market participants to submit relevant data. The report also includes information on public holidays affecting assessment schedules and the importance of adhering to Mintec's quality standards.