EEX Skimmed Milk Powder (Frankfurt, DE)
FASM- 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
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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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.