Vesper  Updates

Shea Butter Crude VPI Benchmark

by Vesper Team
New
Oils & Fats
Chocolate, Confectionery & Ice Cream
Data
Vesper Price Index (VPI)

Summary: Vesper has expanded its oils & fats coverage with a new weekly Vesper Price Index (VPI) benchmark for Crude Shea Butter (FOB Tema) from Ghana. This proprietary benchmark, exclusive to Vesper, provides a reliable, independent price reference for an increasingly strategic commodity in food manufacturing.

What's New:

  • Weekly VPI price benchmark for Crude Shea Butter

  • FOB Tema delivery basis from Ghana—the world's largest shea butter exporting country

  • Full integration with existing oils & fats dashboards and pricing tools

Why It Matters: As cocoa prices continue to surge, we've seen increased demand from our user base for alternatives like Shea Butter, which has emerged as a critical cost-effective substitute for cocoa butter. This exclusive VPI benchmark responds directly to user feedback, delivering essential price transparency for those seeking different compositions to limit the effects of cocoa volatility on end product applications. Having Vesper's independent benchmark helps verify supplier pricing and supports more confident negotiations during this period of volatility in cocoa markets.

How to Use It:

  1. Find the new Shea Butter (Crude) benchmark in the pricing widgets section

  2. Add it to the price comparison widget for side-by-side analysis with cocoa butter prices

  3. Incorporate this benchmark into your custom cost models to evaluate how chocolate formulation costs change when substituting with shea butter

  4. Monitor weekly updates to identify emerging trends and optimize buying decisions

Related Features: This benchmark complements Vesper's existing offerings:

  • Cocoa butter price benchmarks

  • Vegetable oil price benchmarks

  • Cost modeling for ingredient substitution analysis

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Cheddar Curd VPI (CIF SEA) Benchmark

by Vesper Team
New
Dairy
Vesper Price Index (VPI)
Data

Summary: Vesper has strengthened its dairy portfolio with a new weekly Vesper Price Index (VPI) benchmark for Cheddar Curd (CIF Southeast Asia). This proprietary benchmark fills a critical gap in regional cheese trade visibility, especially for Oceania-origin products moving into key Asian markets.

What's New:

  • Exclusive weekly VPI price benchmark for Cheddar Curd with CIF Southeast Asia delivery basis

  • First reliable price reference in a region lacking formal cheese futures markets

  • Full integration with existing dairy dashboards and pricing tools

Why It Matters: With no futures market for cheese in the APAC, market participants have struggled to benchmark pricing or implement effective hedging strategies. This exclusive VPI benchmark provides essential price transparency in a market where Oceania exports a significant share of its cheddar production to Asian buyers. By introducing this reference point, we're responding to the need for reliable pricing data in markets lacking formal pricing infrastructure.

How to Use It:

  1. Find the new Cheddar Curd (CIF SEA) benchmark in the pricing widgets

  2. Add it to price widgets to analyze spread between origin and destination markets

  3. Track weekly updates to identify emerging trends in regional dairy trade flows

Related Features: This benchmark complements Vesper's existing offerings:

  • Global and regional cheese price benchmarks

  • Import/export widgets mapping supply and demand in trade flows

  • Price spread tool for cross-regional analysis

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Expanded Biodiesel Ticket Coverage Now Live

by Vesper Team
New
Data
Oils & Fats

Summary: Vesper has expanded our biodiesel ticket coverage to include additional markets and vintages. This enhancement provides greater visibility into renewable energy certificate costs used for regulatory compliance across key European markets.

What's New:

  • Daily biodiesel ticket prices now covering three European markets:

    • Netherlands

    • United Kingdom

    • Germany

  • Coverage for both 2024 and 2025 vintages across all markets

  • Multiple certificate types reflecting different feedstock categories

Why It Matters: These certificates represent a critical cost component for regulatory compliance in the transport sector. By tracking prices across different markets and vintages, users can better understand compliance costs, identify market trends, and develop more effective strategies in response to policy shifts and market dynamics.

How to Use It:

  1. Find these prices in the prices widget in your dashboard

  2. Search for specific certificates in the product dropdown

  3. Use Vesper's analytical tools to compare prices across markets

Related Features: This expansion complements our existing biofuels coverage:

  • Regular Biodiesel Market Report with expert analysis

  • Comprehensive price coverage for biofuel products and feedstocks

  • Energy price benchmarks

  • Import/export/tradeflows for key biofuel products

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Extended Forecast Horizon - Dairy, Oils&Fats, Sugar

by Vesper Team
Dairy
Oils & Fats
Sugar & Sweeteners
Forecasting & Outlook

Whats New? Vesper is extending our AI-powered forecasting horizon from 6 to 12 months for select dairy, sugar, and oils commodities with established price histories (5+ years of data). This extended visibility enables procurement teams to move beyond tactical buying decisions to support annual budgeting and strategic planning.

Why it matters? Together with expert human analyst outlooks and comprehensive coverage of S&D/Fundamentals, the forecast powered by AI technology gives a comprehensive outlook on future market movements. The extended 12-month horizon allows users to incorporate forecasting into their decision making on more strategic timeframes.

As always, forecasting accuracy is transparently available on the platform for each individual product, allowing users to assess performance and incorporate it into decision-making.

How to Use It:

  1. Access the forecast widgets directly on your custom dashboards (add through the search tool if needed)

  2. If a product has a 12-Month forecast horizon, it will automatically be visible on your screen

  3. Check forecast performance by choosing the 12-Month option in the accuracy dropdown

More products will be added to the extended range in the course of Q2

Related Features: This extended forecasting complements our existing forward-looking toolkit:

  • Forward pricing up to 16 months ahead in the Forward Pricing widgets

  • Expert analyst outlooks for both short and long-term market perspectives

  • Fundamental market drivers dashboard for tracking supply and demand trends

These combined tools give procurement teams unprecedented visibility into future market movements for more confident strategic planning.

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Real-Time Trade Flows: Russia & Ukraine Vessel Lineup

by Vesper Team
New
Oils & Fats
Grains & Feed

Summary: Expanded vessel lineup tracking with insights into Russia and Ukraine through UkrAgroConsult, providing trade insights weeks/months ahead of official customs data.

What's New:

  • Live vessel tracking for:

    • Vegetable oils & oilseeds, and Meals

    • Grains and Pulses

    For Russia and Ukraine exports

Why It Matters: See actual trade movements weeks before official reports, helping you spot supply shifts and market trends as they happen.

How to Use It:

  1. Select the Vessel Lineup Table widget on your dashboard

  2. Select Russia or Ukraine as origin

  3. Filter by product

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Exclusive: New MPC Dairy Protein VPI

by Vesper Team
New
Dairy
Specialized Nutrition
Vesper Price Index (VPI)
Sports Nutrition

Summary: Enhance your dairy market analysis with exclusive pricing insights for MPC85 (US) and MPI90 (US) - now benchmarked in the Vesper Price Index (VPI), establishing the first reliable market benchmarks for these protein ingredients.

What's New:

  • VPI benchmark prices for MPC85 (US)

  • VPI benchmark prices for MPI90 (US)

  • First reliable market benchmark for these products

Why It Matters: Until now, no reliable price benchmarks existed for these protein ingredients. These new VPIs provide clear market reference prices, essential for both buyers and sellers in the specialized nutrition sector.

How to Use It:

  1. Use the Prices or Price Comparison widget

  2. Add prices using the prices filter

  3. Select MPC85 or MPI90 (US)

Don’t have access to these prices yet?Let us know

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Regional US Dairy Price Coverage Now Available

New
Dairy
Data

Summary: Access detailed regional price breakdowns for key US dairy products including butter, cream, dry whey, and NFDM across East, Central, and West regions from the Dairy Market News.

What's New: • Regional DMN price data for US dairy products • Coverage across East, Central, and West regions • Products include Butter, Cream, Dry Whey, NFDM • Same-day price updates integrated into existing dashboards

Why It Matters: Regional price differences can are seen within the US, having access to more local pricing will provide you with the benchmarks needed to validate claims, and build more tailored strategies.

How to Use It:

  1. Navigate to your dairy pricing dashboard

  2. Select your product of interest

  3. View price comparisons across US regions using the Price Comparison Widget

Need help? Contact your customer success manager or email [email protected]

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EEX Index Prices Now Available for Dairy Commodities

New
Dairy
Data

Summary: Added EEX Index prices, the closing mechanism for dairy futures, for butter, raw milk, SMP (Food), and SWP (Feed). These indices make it easier to track futures settlement prices in one place.

What's New:

  • EEX Index prices for:

    • Butter

    • Raw Milk

    • SMP (Food)

    • SWP (Feed)

Why It Matters: EEX Index prices are used for futures settlement. These prices are derived from an average of prices already available on Vesper (ATLA, Kempten, ZuivelNL benchmarks). Integrating these EEX indexes complements our existing price sources, making it easier to track market developments.

How to Use It:

  1. Open your prices or price comparison widget

  2. Select the new EEX Index in your data series

  3. Compare with other price benchmarks in price comarison to get a complete market view

Need help? Contact your customer success manager or email [email protected]

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POME Import/Export Data Added

New
Oils & Fats
Data

Summary: New POME (Palm Oil Mill Effluent) trade data added, with focus on Malaysian and Indonesian exports, enhancing your ability to track global palm oil supply and demand patterns.

What's New:

  • Complete POME import/export data

  • Five different visualization options

  • Analysis options for Volume, Value, Price, and Year-over-Year Evolution

  • Full integration with existing import/export analytics

Why It Matters: With Malaysia and Indonesia being the world's largest palm producers, this data helps you better understand market movements and supply dynamics in the global palm oil market.

How to Use It:

  1. Open any of our five import/export visualizations

  2. Select POME in the product filter

  3. Use the dropdown to analyze by Volume, Value, Price, or Evolution

  4. Switch between visualizations to spot different patterns

Need help? Contact your customer success manager or email [email protected]

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