Pricing research for food ingredients

Ingredient prices move with crop, origin and grade. The benchmark records all three.

An ingredient price is tied to a specification sheet, a harvest, an origin and a form of contract. Spot offers and contract prices are different things, and a published index can describe a commodity without describing your grade. This page sets out how a food-ingredient benchmark treats each of those layers.

Specification and gradeOrigin and crop yearSpot or contractPublished indices
The research question

Which published prices describe the ingredient you actually buy, rather than the commodity it belongs to?

We begin with your specification sheet: purity, moisture, particle size, form and any claims you rely on, such as organic. Published index series, exchange prices and supplier lists are then read against it. A commodity index is reported as context for direction, not as a price for your grade.

Where a source does not state the crop year or origin, the price is kept in a group marked as not dated to a harvest.

Layers that are kept apart in the benchmark

Layers that are kept apart in the benchmark

Index or exchange series

Public series for the underlying commodity, with its own definition and date, used to show movement rather than level.

Supplier list prices

What traders and processors publish for named specifications, labelled with pack size and the date read.

Marketplace offers

Listings with a stated specification, kept in their own group because the seller's role can be unclear.

Client-provided quotes

Quotations you already hold, marked client-provided and placed against the layers above.

Situations where the work differs

Situations where the work differs

A food manufacturer repricing a recipe

Each ingredient is benchmarked on its own specification, and the report shows which lines have thin public evidence.

A trader comparing two origins

Origin differences in grade and certification are stated beside the price, so a lower number is not read in isolation.

A start-up buying small lots

Small-pack catalogue prices are distinguished from bulk list prices, because the two follow different logic.

What cannot be read from prices

What cannot be read from prices

Quality and compliance

A price does not show whether a lot meets your specification. Certificates are listed with the issuer to ask, not interpreted as compliance.

Forward prices

The benchmark is dated and describes the record; it does not forecast.

Shipping and storage terms

Moving or storing goods is outside this service.

The service

Pricing Research

Who it is for
Sellers and buyers who need to know whether a price is in line with comparable offers
The problem it solves
Prices are compared across different specifications, quantities and conditions, so the comparison misleads
What we need from you
  • product or category
  • market and channel
  • specification and quantity basis
  • what decision the benchmark supports
How it works
  • scope and comparison basis agreed
  • public price collection and normalisation
  • benchmark built
  • report with sources delivered
What you receive
A price benchmark: comparable offers normalised to a stated basis, ranges and outliers, what is excluded or not comparable, and a source log
Included
  • collection of public prices and list prices
  • normalisation to a stated basis
  • ranges and outliers with caveats
  • what could not be compared
  • method and limitations note
Not included
  • dynamic pricing tools or software
  • negotiation on your behalf
  • landed cost or freight calculation
  • guaranteeing prices achievable
Timing
Confirmed when your request is accepted.
What LATYNEX does
  • agree the basis
  • collect and normalise
  • build the benchmark
  • write up with sources
Price
Confirmed when your request is accepted.
Good to know

What this is, and isn't

Research reports what can be established from public and provided sources. It is not a guarantee about a counterparty's future conduct and not legal advice.

FAQ

Frequently asked questions

Do you quote me an ingredient price?+

No. The benchmark shows where published prices sit; it does not obtain or promise a price.

Is an index price my price?+

An index describes a defined commodity. The report explains how far that definition is from your specification.

Do you check supplier food-safety documents?+

No. Documents are shown as stated by the company, and the issuer to ask is named.

Request

Tell us what you need.

No obligation. We read your request and reply with a straight answer.

Research

Know the counterparty before you commit.

Tell us what you need to find out and by when. We confirm scope before any work starts.

Request research