ZMP Milk News-Cockpit

ZMP Cockpit – News Summary

There is a lack of stimulus on the powder markets

The slow increase in milk quantities delivered continued last week. The recorded quantity of milk delivered has fallen slightly again. 0.2% less milk was delivered compared to the previous week. The gap compared to the same period last year remains at 0.4%. In summary, 1.1% less milk was produced in January and February than in 2023. The submarkets have not been able to find a consistent...
  • Impulses for Easter business expected
  • Raw material deliveries are stagnating
  • Export business is increasing
  • international competitiveness is increasingly not present
  • Buyers are taking a wait-and-see approach
  • Processing primarily of contract goods

ZMP Market Analyses

  • China's milk market 2024

    China's declining import demand for dairy products is narrowing global price scope . China's import trade for dairy products is very important: in the case of whole milk powder, the middle country accounts for almost 50% of world trade imports, for skimmed milk powder it is almost 25%, for butter it is 22% However, in the case...

  • First Mar-24 GDT auction with -23%

    GDT auction in March 2024: -2.3%

    The first March 2024 auction of Global Dairy Trade (GDT) broke off the price increase of the previous auctions with an average of -2.3%. Whole and skimmed milk powder make a significant contribution to this, sometimes with significant price discounts. At 21,235 t, the auction volume continues...

  • Feb 2-24 - GDT auction with +0.5%

    GDT auction in February 2024: +0.5%

    The second February 2024 auction of Global Dairy Trade (GDT) partially continued the price increase of the previous auctions with an average of +0.5%. This time, a significant share of this is made up of pure butter fat with above-average markups. At 23,306 t, the auction volume continues...

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