Expana to launch 6 New US IQF Bell Pepper EBP

Following a period of market feedback, Expana will launch 6 new monthly Expana Benchmark Prices (EBP) for the North American IQF markets covering green, red, and yellow bell peppers. Expana will launch the monthly assessments on Monday, June 30, 2025.

The proposed specifications for the assessments will be as below:

The assessments will reflect the transactable value at 16:00:00 US Eastern time.

The assessments complement Expana’s existing coverage for the North American IQF markets and cover commonly traded produce items in the category.

Market participants have expressed interest in seeing a broader range of vegetable products offered through Expana such as bell peppers. This feedback highlights a clear market need for expanded coverage. By focusing on the development of new offerings, Expana is well-positioned to align more closely with evolving industry demands and enhance its value proposition across the supply chain.

The new prices will establish additional independent and robust benchmarks for commonly traded IQF vegetable items such as bell peppers. These new references fill existing gaps in market visibility and offer participants more actionable pricing data and market insights. As a result, stakeholders will benefit from increased transparency, improved confidence in price discovery, and a stronger foundation for negotiation and planning. Ultimately, these initiatives reinforce Expana’s commitment to providing comprehensive, reliable, and market-relevant intelligence in the frozen vegetable space.

If you have any feedback or questions on this market note, please send them to [email protected] and clearly state which market note your comments relate to, and if comments are intended for publication by Expana. Expana will acknowledge receipt of all comments by email.