Milk prices defy seasonal trend as supply pressures build
On Tuesday, skim milk powder (SMP) prices at Global Dairy Trade (GDT), the fortnightly auction platform of New Zealand’s Fonterra Cooperative, averaged $3,243 per tonne, the highest since the $3,264 of August 5, 2014. Vegetable prices have cooled with the usual winter-time increase in supplies of carrots, cauliflower, cabbage, radish, capsicum and peas. Even onions…
SMP, Butter and ghee price in India gets bullish: Would it sustain ?
The commodities prices in India have begun to surge . The prices of SMP, butter and ghee are moving up. The price of milk in most parts of the country is also going up. In North the milk availability has become difficult and prices have gone upto Rs 45 per liter for buffalo milk ….
Global dairy prices moving down and Indian dairy market showing recovery
Dairy commodities market in India has started to show some improvements. Most of the large dairy plants are undergoing maintenance currently . These plants are expected to start their commercial production after Vishwakarma Puja on September 17th . The companies have increased milk powder prices by Rs 5/7 per kgs. The prices of good quality…