Global Dairy Trade
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Last Updated: Sun 25th Oct03:53Last Updated: 03:53

Global Dairy Trade Price Report(TE414)

TE 414TE 413TE 412

Winning prices used in NZX Futures Settlement (US$ per tonne):

ProductsTE 414TE 413Change
WMP Regular NZ – C23,7103,550+4.51%
SMP Medium Heat NZ – C23,9153,815+2.62%
AMF Premium 210kg drum – NZ/AU C25,4905,775-4.94%
BTR Unsalted 25kg – NZ C24,7654,775-0.21%

Fonterra WMP Winning Prices:

ContractUS$/tonneRegular - NZInstant - NZ
Contract 1Current3,7153,865
Previous3,5703,670
Change+4.06%+5.31%
Contract 2Current3,7103,810
Previous3,5503,650
Change+4.51%+4.38%
Contract 3Current3,7203,820
Previous3,5703,670
Change+4.20%+4.09%
Contract 4Current3,7603,860
Previous3,5853,705
Change+4.88%+4.18%
Contract 5Current——
Previous——
ChangeN/AN/A
Contract 6Current——
Previous——
ChangeN/AN/A

Fonterra SMP Winning Prices:

ContractUS$/tonneMedium Heat - NZLow Heat - NZ
Contract 1Current4,020n.s
Previous3,830n.s
Change+4.96%N/A
Contract 2Current3,9153,915
Previous3,8153,815
Change+2.62%+2.62%
Contract 3Current3,9303,930
Previous3,8353,835
Change+2.48%+2.48%
Contract 4Current3,9754,050
Previous3,8553,855
Change+3.11%+5.06%
Contract 5Current——
Previous——
ChangeN/AN/A
Contract 6Current——
Previous——
ChangeN/AN/A

Fonterra AMF Winning Prices:

ContractUS$/tonnePremium 210 kg Drum - NZRegular 210 kg Drum - NZ/AU
Contract 1Current5,5155,490
Previous5,7105,635
Change-3.42%-2.57%
Contract 2Current5,490n.s
Previous5,7755,700
Change-4.94%N/A
Contract 3Current5,4605,385
Previous5,6405,565
Change-3.19%-3.23%
Contract 4Current5,5705,495
Previous5,6455,570
Change-1.33%-1.35%
Contract 5Current——
Previous——
ChangeN/AN/A
Contract 6Current——
Previous——
ChangeN/AN/A

Fonterra Butter Winning Prices:

ContractUS$/tonneUnsalted 25 kg - NZSalted 25 kg - NZ
Contract 1Current4,7604,855
Previous4,7604,760
ChangeN/A+2.00%
Contract 2Current4,7654,795
Previous4,775n.s
Change-0.21%N/A
Contract 3Current4,6904,720
Previous4,7404,740
Change-1.05%-0.42%
Contract 4Current4,7854,785
Previous4,7804,780
Change+0.10%+0.10%
Contract 5Current——
Previous——
ChangeN/AN/A
Contract 6Current——
Previous——
ChangeN/AN/A

In any given GDT Event the GDT website may display a range of results other than price, as explained:

  • ' – ' means that the product was not offered.
  • ‘n.s.’ (not sold) means that no product was sold.
  • ‘n.p.’ (not published) means that product was sold at the starting price, and therefore GDT cannot publish the winning price. For an explanation of this rule, see question 9 in the "Common questions" page under "About GDT" at www.globaldairytrade.info
  • 'n.a.' for the Average Winning Price means that no prices were available for that contract period (for the reasons above), and therefore no average price was applicable.

For clarification where GDT publishes ' – ' or ‘n.s.’ (not sold) NZX results will also display a '-' or 'n.s'.

Where the GDT website displays ‘n.p.’ (not published), NZX will display the starting price. Note that the NZX results page will not differentiate between prices that are equal to starting price or those that have exceeded starting prices.

'n.a.' for the Average Winning Price as displayed on the GDT website are not displayed on this results page.

Note that N/A in the table below means there has been no change between current and previous price.

Contact

For more information on how to access the SGX-NZX Dairy Derivatives Market: