Global SMP and Butter prices falls to Rs 225 and Rs 405 per kg
Third consecutive fall in global price index since February 2023
The global dairy price index has fallen again by 2.6% to reach at a level of USD 3361 per Metric Ton.
148 bidders transacted volumes of 26795MT in the auction held on March 21st 2023 at GDT.
The key results are as follows :
AMF index down 3.8%, average price US$5,150/MT Butter index down 3.0%, average price US$4,748/MT BMP index not available, average price not available Ched index down 10.2%, average price US$4,052/MT LAC index not available, average price not available SMP index down 3.5%, average price US$2,648/MT WMP index down 1.5%, average price US$3,228/MTLatest price for SMP and Butter landed in India will be around Rs 225 per kgs and Rs 405 per kgs respectively.