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01 Domestic raw milk prices
In terms of domestic fresh milk prices: As of November 24, the average price of 10 major fresh milk producing areas such as Inner Mongolia and Hebei was 4.32 yuan / kg, up 0.2% month-on-month and 6.9% year-on-year.
02 Spot offers for bulk dairy products
The prices of the main bulk dairy products in the three places of spot offers are as follows: (yuan / ton) degreasing prices have retraced, and the price of cream has fallen.
The following prices are real quotes
03 Foreign futures offers for the same period
Foreign futures offers in the same period: the foreign market continues to be the main player.
04
exchange rate
The trend of the yuan against the US dollar, as the Federal Reserve sets the tone for inflation and hints that it will end the easing early, the mid-term bottom of the US dollar will appear, pay attention to the future arrival exchange rate risk.
05 Important information in the domestic market
1. Domestic production enterprises began to tentatively release whole milk powder, which suppressed market prices;
2. The shortage of Anjia butter has been partially alleviated, and the supply and demand of butter have gradually been balanced;
3. Recently, the weather in New Zealand has improved and milk production has recovered;
4. The epidemic in Europe has rebounded sharply, and the global multi-country lockdown measures have been severe, and the blow to economic recovery has increased;
5. The national temperature is high, entering the peak demand season, and the price of milk is gradually rising;
6. The fed's easing end is expected to be ahead of schedule, and the main commodities in the bulk market are under pressure.
06 Dairy Online Market Insights
Whole milk powder: Due to the pressure of full milk powder shipment, the selling price of domestic dairy companies continues to be suppressed, and in the face of the impact of low-cost goods in the next January, it is expected that some traders will start to cut meat and ship.
Skimmed milk powder: European and American skimmed milk powder futures prices are still strong, Europe's performance continues to be strong, while the Australian offer fluctuates greatly, and after an international trader's Australian disk quotation briefly increased to more than $4,000, no one responded, and it was embarrassing to pull back again.
Anhydrous cream: There is still a partial gap in anhydrous cream, but the overall market heat has subsided.
Butter: Overall, the arrival of Anjia butter alleviates the shortage pressure in some markets, and some traders increase their shipment efforts to get annual rebates, and the overall supply and demand are balanced.
Cheese: The trend of various varieties of cheese is relatively stable, the selling pressure of cream cheese is slightly reduced, and the demand for Masu and Cheda is gradually increasing.
Evaporated milk oil: the light cream market performance is dismal, the mainstream brand spot prices continue to decline, a brand in Northern Europe and Denmark and the Dutch brand have a large number of temporary goods to be digested, the market will continue to decline.
UHT Milk: The UHT milk market, which flooded the market, followed by the Polish Big M, once again suppressed the rebound in market prices.
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