I. New Zealand Futures Exchange (USD/Ton)
New Zealand's varieties have all risen, and skimmed milk powder has been particularly fierce.
2. Chicago Board of Trade (monetary unit: US dollar)
U.S. dairy products continue to rise, with only cheese performing slightly bland, and skimmed milk powder and butter remaining the two fiercest varieties.
3. European Commodity Futures Exchange (EUR/Ton)
European skimmed milk powder has entered a crazy performance stage, rising for eight consecutive weeks, and the price has broken through a 5-year high.
IV. Price Comparison of Spot Products in Major Markets (USD/Ton)
The rise in the United States is far behind other regions, and there is a need to make up for it in the future.
V. Overview
There are reasons for the rise in all regions, but there are also concerns about the future. For Chinese buyers, at present, all varieties are at a high level, and barely entering the market may not be recognized by the spot market after the year.
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