1 September 2021: Interesting times


The tectonic plates of international milk powder markets are shifting again. On the face of it, sweet whey is surprisingly unchanged this week, but skim predictably €20 higher, as was expected. However, the Asian market is possibly changing direction, as buying interest has been stimulated by discounting of whey from the USA. This shouldn't effect European pricing immediately, but would certainly dampen traders' aspirations to hike the market in the autumn. I say would as market info coming out of SE Asia is contradictory as to the USA's autumn sales.


Locally in Europe, off-take of existing contracts has been slow, and more offgrade supplies of particularly skim have been shuffled onto the market, so the expected autumn surge has abated, at least for the time being.


In summary, supply and demand remain roughly in balance, and as the backdrop of the proteins market is gently in decline, the market can be described as quieter than of late.


BDC agri is the UK broker for Lacto Production milk and whey powder products.

For further information and prices, contact Greg Dunn on 01206 381521 or g.dunn@blackdiamondcommodities.com

1 view

Recent Posts

See All

14 October 2021: Market's on fire!

However predictable a further price rise in skim milk powder was, a €70 or 2.5% hike in a week is pretty staggering. And that isn’t the whole story, as physical supply has dried up and the market pric

7 October 2021: Heat turned up even higher

The skim milk price is heading into space faster than Captain Kirk, up nearly 2% this week, or €50 per tonne, and it's now impossible to find under €2800, and then only a truck at a time. It's getting

30 September 2021: Market divergence?

The two pillars of the milk powder market seem to be moving apart. Sweet whey is showing a €10 decrease on the Dutch market, but still unchanged in France. The interesting factor is what is happening