Global Dairy Trade
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Last Updated: Wed 4th Nov17:21Last Updated: 17:21

Global Dairy Trade Price Report(TE415)

TE 415TE 414TE 413

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

ProductsTE 415TE 414Change
WMP Regular NZ – C23,9603,710+6.74%
SMP Medium Heat NZ – C24,0753,915+4.09%
AMF Premium 210kg drum – NZ/AU C25,2805,490-3.83%
BTR Unsalted 25kg – NZ C24,4654,765-6.30%

Fonterra WMP Winning Prices:

ContractUS$/tonneRegular - NZInstant - NZ
Contract 1Current3,9454,045
Previous3,7153,865
Change+6.19%+4.66%
Contract 2Current3,9604,060
Previous3,7103,810
Change+6.74%+6.56%
Contract 3Current3,9304,030
Previous3,7203,820
Change+5.65%+5.50%
Contract 4Current3,9304,030
Previous3,7603,860
Change+4.52%+4.40%
Contract 5Current——
Previous——
ChangeN/AN/A
Contract 6Current——
Previous——
ChangeN/AN/A

Fonterra SMP Winning Prices:

ContractUS$/tonneMedium Heat - NZLow Heat - NZ
Contract 1Current4,080n.s
Previous4,020n.s
Change+1.49%N/A
Contract 2Current4,0754,075
Previous3,9153,915
Change+4.09%+4.09%
Contract 3Current4,0704,070
Previous3,9303,930
Change+3.56%+3.56%
Contract 4Current4,0654,065
Previous3,9754,050
Change+2.26%+0.37%
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 1Current5,295n.s
Previous5,5155,490
Change-3.99%N/A
Contract 2Current5,2805,205
Previous5,490n.s
Change-3.83%N/A
Contract 3Current5,3055,230
Previous5,4605,385
Change-2.84%-2.88%
Contract 4Current5,4505,375
Previous5,5705,495
Change-2.15%-2.18%
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 1Current4,4904,570
Previous4,7604,855
Change-5.67%-5.87%
Contract 2Current4,4654,500
Previous4,7654,795
Change-6.30%-6.15%
Contract 3Current4,4704,500
Previous4,6904,720
Change-4.69%-4.66%
Contract 4Current4,9104,910
Previous4,7854,785
Change+2.61%+2.61%
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: