EEX Skimmed Milk Powder (Frankfurt, DE)
FASMLatest Skimmed Milk Powder Prices EEX Exchange
- EU product prices have improved in recent weeks, especially for SMP and butter. This supports the commodity value and improves industrial utilization.
- The Kiel commodity price rose significantly in February. This is not yet a trend reversal, but an initial sign that the utilization corridor will not collapse further after the winter.
- The futures market is more robust than the physical spot market. A liquid milk settlement of EUR 43.45/100 kg is well above the current German spot milk prices and argues against the expectation of a further abrupt fall in prices on the exchange.
- Milk deliveries in Germany remain exceptionally high. The year-on-year increase of 6.1% in week 8 is the strongest bearish argument for the domestic market.
- The EU volume trend is also expansive. The +4.5% increase in EU deliveries in January means that product prices are recovering in the face of growing supply.
- The German spot market remains extremely weak. Quotations of 14 to 15 ct/kg are not compatible with an already healthy commodity market.
- Producer prices are falling even faster than the product markets are recovering. The German average price for January has fallen significantly once again.
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
EEX Skimmed milk powder spot / futures market prices & news
EEX skimmed milk powder is one of the most actively traded commodities in the European commodity trading landscape. The current skimmed milk powder prices are displayed on zmp.de in clear tables and interactive charts. A continuous news ticker reports intraday fluctuations, while comprehensive market assessments and agricultural market trends and reports interpret trends on the milk powder market. The accompanying press review adds expert perspectives from trade journals and industry publications.
Price formation for skimmed milk powder in Frankfurt heavily depends on EU supply and demand, currency exchange rates, and global production figures. Germany, as one of Europe’s largest dairy producers, significantly influences the supply situation. Seasonal variations, stock levels, and export flows to Africa and Asia impact commodity prices alongside policy decisions on tariffs and subsidies in the agricultural sector.
Trading takes place on the European Energy Exchange (EEX) in Frankfurt. Standardized futures contracts for skimmed milk powder with defined quality specifications and delivery months enable transparent price discovery. EEX trading offers high liquidity and daily settlement prices. Hedging via forward transactions mitigates price volatility risks for dairies, feed manufacturers, and institutional investors.
Milk powder prices often correlate with grain prices and other agricultural commodity markets since they are jointly used in animal feed. Shifts in wheat, corn, or soymeal costs affect overall livestock production expenses. Hence, a holistic view of agricultural trading, grain prices, and milk powder quotes is essential for accurate price forecasting.
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.