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Dodla , Heritage , Parag : Why is Investec bullish on dairy sector?

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GDT price index 16th April 2024
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The Indian dairy sector, which has experienced several obstacles in the last three years, such as demand disruptions due to the COVID-19 pandemic and milk shortages that led to a

Indian News

Nestlé adds sugar to infant milk sold in India, other Asian, African countries

The report highlighted that in India, where sales surpassed $250 million in 2022, all Cerelac baby cereals contain added sugar World's largest consumer goods and manufacturer of baby formula, Nestle,...
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8th – 13th April 2024

NCDFI Dairy Commodities Prices

Weighted average price on Ex -dairy basis

SMPRs 259 per Kg
ButterRs 333  per Kg

Local Market Dairy Commodities Prices

SMPRs 220-295 per Kg
ButterRs 320-370  per kgs
GheeRs 420-490  per kgs
Whey PowderRs 130-150 per kgs
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16th April 2024

Global dairy commodities price

Global Dairy Trade Event 353 concluded with the GDT Price Index up 2.8%
NameAverage Price
AMF index up 1.7%US$7,062/MT
Butter index down 1.4%US$6,546/MT
BMP index Not available
Ched index down 8.5%US$3,974/MT
LAC index down 1.3%US$740/MT
SMP index unchangedUS$2,541/MT
WMP index up 0.4%US$3,269/MT

Indian Price Raw milk- Week of 14th April 2024

Buffalo milk 6.5% fat and 9 % SNF in Rs /kg
Amul   47-53
State federations45-51
Private players45-51
Cow milk on TS basis in South India for 3.5% to 8.5 % SNF
Rs 285-Rs 310 per kg TS for 12%TS milk
Cow milk in Maharashtra State 3.5% fat 8.5 % SNF in Rs/kg
Rs 30-35 landed at the plant ( Rs 25.50-28.50/ltr farmer price

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