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GDT 293rd Tender Result: The price of skimmed milk powder continues to rebound

author:Dairy Information Network
GDT 293rd Tender Result: The price of skimmed milk powder continues to rebound

In this auction, the average price fell back to 3977 US dollars; 28667 tons were traded, and the basic volume of transactions rose by 17%; the auction popularity was 179 households.

The average rise and fall of each symbol

In this auction, anhydrous cream was $5984/ton, up 0.4%; butter was $4878/ton, up 0.4%; cheddar cheese was $4297/ton, up 0.7%; lactose was $1188/ton, up 0.4%; skimmed milk powder was $3315/ton, up 0.5%; whole milk powder was $3749/ton, down 0.4%.

GDT 293rd Tender Result: The price of skimmed milk powder continues to rebound

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After-hours reviews of major varieties

1. Anhydrous cream: the purchase of resolute outer disks has strongly supported the auction price, and there is also a shortage of domestic spot, but buyers dare not enter the market due to the high price, but it is recommended to continue to enter the market near the peak consumption season.

2. Butter: The sharp rise in prices in Europe and the United States has made the outer market continue to pursue New Zealand products, considering that it is the main consumption season in the northern hemisphere, it can still continue to follow.

3. Cheddar cheese: New Zealand's supply has recovered, domestic demand is not smooth, but southeast Asia, the Middle East and Africa demand is fierce. Domestic factory-based purchases can continue to participate, but speculative prices are modest.

4. Allah lactose: The recovery of the domestic aquaculture industry and infant milk powder is still waiting for time, and the domestic buying order is mainly due to replenishment pressure, and there should be a better entry price in the future.

5. Skimmed milk powder: The price of skimmed milk powder in Europe and the United States continues to rise, domestic prices have recovered, in view of the overall factory inventory abroad is not high, the rise of this round of foreign disks still has room for fermentation, you can continue to pay attention to the opportunities in the spot market.

6. Whole milk powder: Considering that most of the production capacity in the new season is locked in by Chinese buyers, the outer market began to sweep the remaining supply, and the continuous purchase supported the price level of the auction.

Summary

Domestic temperatures are still higher than in previous years, and raw milk production capacity has not yet reached the peak of the whole year.

The epidemic situation in southern Fujian has been controlled, but there are still cases in Heilongjiang, and some areas in Xinjiang have been affected, and the impact on the main consumption areas is still controllable.

The prices of various types of whey protein concentrates and proteinates remain high, and the supply tension has not eased.

Skimmed milk powder prices continued to rebound, with prices rising the fastest in New Zealand, the most market-accepted, followed by Western Europe and the United States, while Eastern Europe and Turkey were still oversupplied, and price increases were blocked.

Whole milk powder milk powder broke through the 31,000 mark, but continued to rise with insufficient momentum and was blocked at the 32,000 yuan mark.

Unsalted butter and anhydrous cream continue to strengthen, especially the anhydrous cream that has been purchased less in the early stage, the market demand is greater than the supply, the shortage phenomenon is more common, and the price has also climbed to a new annual high.

Cheese varieties continue to perform differently, with a significant backlog in the market for finished products and raw materials related to remastered cheese, while demand for Masu and refrigerated trucks has recovered.

The mainstream varieties and towers of Anjia in the light cream market continue to be in short supply, while other brands are oversupplied.

UHT milk continues to perform poorly, with some relief expected in the future as the weather turns colder and the price of imported milk rises sharply.

The focus of market attention is still on the price trend of whole milk powder, on the one hand, large domestic factories still intend to continue to release goods, but considering their later costs, there will be no deep smashing action; on the other hand, the future arrival of goods continues to be abundant and the supply of raw milk with a high probability of large probability also inhibits the further rise in prices. Therefore, there can be certain expectations, but there will be no large operating space before the supply of the outer disk changes.

Source: GDT, Dairy Online

GDT 293rd Tender Result: The price of skimmed milk powder continues to rebound

Photo editors: Xiao Xinxin, Xia Qiantong, Wei Shu Responsible editors: Wang Jing

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