ZMP Cockpit – News Summary

Fonterra expects higher payout

(AMI) - At the end of October, Fonterra increased its milk price forecast from September for the 2019/20 milk year from an average of 6.75 NZD / kg milk ingredients to 6.55-7.55 NZD / kg. The demand for whole milk powder, the most important export product of New Zealand, continues to be high and for the entire season it is expected that the level of the corresponding period of the previous year...
  • EU goods on the world market mostly competitive
  • Demand revival of fatty products at the end of the year
  • Global demand continues to increase
  • Uncertainties of political and economic conditions
  • Design of Brexits still uncleared
  • Protectionism and trade barriers
  • Muted world economy

ZMP Market Analyses

  • GDT auction with a plus of 3.7% - milk powder prices driving factors

    GDT Auction of Oct. 15 Good Claims - MMP prices continue to rise The first Nov. 2019 Global Dairy Trade (GDT) auction has made a strong leap with an average of + 3.7%. At 38.681 t, sales remain at a high level. Obviously, there is enough demand. In particular, the two milk powder ranges attract...

  • GDT auction continues in the plus range MMP with strong Aufpreisen

    GDT Auction of Oct. 15 held up well - MMP prices continue to rise The second Oct. 2019 auction of the Global Dairy Trade (GDT) has maintained the current level of autumn prices with an average of +0.5%. The summery phase of weakness is over. Sales stabilized at 38,712 t at a higher level than...

  • GDT auction results on Oct. 1, 2019 prove to be stable

    GDT first Oct Auction asserted - MMP prices rising - Febr./Mr.-20 above average The first Oct. 2019 Auction of the Global Dairy Trade (GDT) has maintained its current level of fall prices with an average of +0.2 %. The summery low season is over. Sales stabilized at 38,716 t at...

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