EEX Liquid Milk (Frankfurt, DE)
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- Low delivery volumes - short supply of raw materials
- No pressure on manufacturers to sell
- High demand - start preparing for Easter
- Potential markets in Asia
- Partly weaker commodity prices (Kiel commodity value)
- High euro exchange rate - makes European goods more expensive on the world market
- Powder markets are calmer
You see historical data because you're not logged in or not a ZMP Live+ member. Get your information advantage now!
You see historical data because you're not logged in or not a ZMP Live+ member. Get your information advantage now!
Specification
08:45 - 18:00 (MEZ)
last trading day until 12:00 CET
Exchange Trading: 08:55 - 18:00 (CET); last trading day until 12:00 CET
EEX Liquid Milk spot / futures market prices & news
As a subsidiary of Eurex in Eschborn, EEX offers financially settled futures contracts on dairy products and processing potatoes for clearing in the agricultural sector. There is no possibility of physical settlement on the EEX.
All products are settled financially at maturity (cash settlement). Reference prices that adequately reflect the value of the traded products are used for this purpose. These price indices also increase market transparency in futures contracts.
European Union
In trade within the European Union, only milk from cows may be referred to as "milk". In the case of milk from other mammals, the animal species must also be specified (e.g. goat's milk, sheep's milk, horse's milk or mare's milk, donkey's milk, yak's milk, camel's milk, buffalo's milk).[5] Accordingly, soy drinks are not labeled as "soy milk" in trade.
In the EU, there are numerous regulations relating to milk, such as the Milk Regulation, the Milk Quality Regulation and the EU Food Hygiene Regulation.
In Germany, milk is classified into commercial classes by the Milk Quality Ordinance. The criteria include the total bacterial count (low values indicate farm hygiene and good animal health), protein and fat content, freezing point (deviations indicate stretching with water) and inhibitors such as antibiotics, which hinder the further processing of the milk into yoghurt or cheese and lead to the farmer's delivery being stopped.
