Skimmed milk powder prices on the world market are moving up

Published Oct 2, 2023

Tridge summary

Ukrainian exporters are not satisfied with the current demand for dry skimmed milk despite rising prices in the global market. Stocks of dry milk in Ukraine are low and its production is expected to decrease, leading to a potential further increase in prices. However, if production ramps up in October, it could affect the rate of price growth.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In the world market, prices for dry skimmed milk began to rise, but the real demand does not yet satisfy Ukrainian exporters, writes Infagro. Stocks of goods on the domestic market are insignificant. Theoretically, dry milk in Ukraine should continue to rise in price, including due to a reduction in its production. However, it is not excluded that the dryers will become more active in October against the background of the increase in the price of oil, and then the increased supply may affect the rate of price growth. Meanwhile, the production of skimmed milk powder has been declining quite rapidly. During the last two months, production volumes ...
Source: Agrotimes

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