GDT Auction Sees Stable Milk Powder Prices Despite New Tariffs
In the latest Global Dairy Trade (GDT) auction, milk powder prices remained steady, demonstrating resilience in the face of newly implemented tariffs. This auction was closely watched by industry stakeholders, as it marked the first trading event since the introduction of these tariffs, which were anticipated to impact global dairy trade dynamics. Market analysts had […]
Buffalo Milk will be sold at Rs 89 per liter From Sep1 in Mumbai
MMPA said the decision was unanimous and the price of buffalo milk, which is sold by over 3,000 retailers in Mumbai, will go up from Rs 87 per litre to Rs 89 per litre, and will remain in force for six months. As a result, the retail rates are expected to shoot up to Rs […]
Raw milk is becoming cheaper in Ukraine
Raw milk is becoming cheaper in Ukraine due to the increase in the volume of its production in the spring and the appearance of surpluses on the market. Dairy processing enterprises need less raw milk in the conditions of a slowdown in exports and a reduction in the consumption of dairy products in the domestic market. The further devaluation of the hryvnia and the increase in the supply of dairy products to Europe may contribute […]
In China, yogurt prices are decreasing- Companies preparing
Yogurt has always held a prominent place in the array of dairy products. A post-meal yogurt cup is a common habit for many consumers. Compared to the fresh milk market, where the main buyers are the elderly and children, yogurt boasts a broader consumer base. This led to many yogurt brands enjoying premium prices in […]
Global dairy trade event moved slightly up by 0.5%
Global dairy price index moved up slightly. AMF and Cheddar were the front runner in pushing the index upwards. AMF has finally reached at par with Butter prices. Butter demand remained sluggish. Cheddar also took a big leap to close at USD 4143/MT.SMP has not yet reached a significant level to become attractive for Indian […]
Diwali se Diwali tak – Where did the dairy commodities money go?
Diwali was observed on November 12th this year, a shift from its date in 2022 on October 24th. Over the past 384 days, the dairy industry has experienced a roller coaster of events. This year witnessed a positive trend with continuous milk availability throughout. During the summer of 2023, the utilization of dairy commodities reached […]
Global SMP and Butter prices falls to Rs 225 and Rs 405 per kg
Third consecutive fall in global price index since February 2023 The global dairy price index has fallen again by 2.6% to reach at a level of USD 3361 per Metric Ton. 148 bidders transacted volumes of 26795MT in the auction held on March 21st 2023 at GDT. The key results are as follows : AMF […]