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1. New Zealand Futures Exchange (USD/ton)
China's mainland milk powder sales are sluggish, coupled with the failure of external North African bidding, New Zealand milk powder has mainly declined.
2. Chicago Board of Trade (Currency: USD)
The rise in butter in the United States shows that the demand base for milk fat is still strong, while the decline in skim milk powder also makes it difficult for milk fat to continue to decline. 3. European Commodity Futures Exchange (EUR/ton)
Europe as a whole is struggling with high inflation and energy demand, and the war has cost countries a lot of money, and butter and milk powder have all fallen.
European cheese chart
Cheese generally retraced slightly.
4. Comparison of spot product prices in major markets (USD/ton)
Oceania's milk fat is high, while European and American products have a stronger competitiveness in the international market. 5. Overview
Consumption in the European market, which took the lead in cutting interest rates, should pick up in the fourth quarter, while the overall sluggish milk supply in the Western European market may not be a matter that can be solved in a short time, coupled with the war in Eastern Europe and the imminent crisis in the Middle East, the price competitiveness of European products in the international market will continue to decline.
359th GDT Auction Trend Vote
Picks:
●Debt-ridden, Bright Dairy's subsidiary is in trouble
●Heavy! Fonterra announces the divestiture of its consumer products business and the departure of its CEO for Global Markets
● Mengniu Dairy suddenly changed its leadership, and the new head came from COFCO Coca-Cola
Forum:
●The "2024 Dairy Beijing Forum" hosted by Dairy Online was successfully held
●The "2023 Cheese Industry Innovation and Development Forum" hosted by Dairy Online was successfully held
Cheese Talking大奖：
●“Cheese Talking” 最受期待奶酪产品大奖名单公布
●“Cheese Talking”奶酪产品十佳榜单公布
Bulk Dairy Trader Grand Prix:
●Leaderboard | The 2nd Bulk Dairy Trader Grand Prix (8th Batch Points Announced)
Report:
●Analysis and Forecast of China's Dairy Industry Development Situation (2023-2024)
●Report | China's dairy market outlook for 2023
●Report | Research report on the development and investment of China's cheese market
Live broadcast:
●Live | Dairy market trend outlook for 2023
●Live | Dairy raw material trade practice
●Live | Trends and innovations in the dairy industry in the digital age
●Live | How the dairy industry is responding to global inflation2
●Live | How the dairy industry is responding to global inflation1
●Application | Inaugural Best Dairy Trader Grand Prix
●Report | 2022 Dairy Trends White Paper
GDT：
●2024 GDT Tender Time Reminder
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