EEX Skimmed Milk Powder (Frankfurt, DE)
FASM- Scarce supply of raw materials
- Brisk demand for cheese
- Low stock levels - hardly any sales pressure from manufacturers
- Bluetongue still an issue
- Buyers adopt a wait-and-see attitude
- Partial trade restrictions due to FMD
Specification
08:45 - 18:00 (CET) last trading day until 12:00 CET
Exchange Trading: 08:55 - 18:00 (CET); last trading day until 12:00 CET
Further specifications
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EEX Skimmed milk powder 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 the futures contracts.
Skimmed milk powder is a dry milk product made from skimmed milk by drying (residual water content approx. 4%). Skimmed milk powder contains around 36% protein and 52% lactose.