Aavin has increased milk sales from over 14.3 lakh litres per day in Chennai during May this year to over 15 lakh litres per day now, Minister for Milk and Dairy Development T. Mano Thangaraj said on Monday. During an interaction with The Hindu at the Secretariat, Mr. Thangaraj said the revenue from the sales of milk …
Aavin’s milk sales go up, cross 15 lakh litres per day, says Minister Read More »
AMF index up 0.9%, average price US$5,544/MT (€5,073/MT) Butter index down 1.1%, average price US$4,833/MT (€4,423/MT) BMP index not available, average price not available Ched index down 9.7%, average price US$3,637/MT (€3,328/MT) LAC index up 6.4%, average price US$750/MT (€686/MT) SMP index down 3.8%, average price US$2,622/MT (€2,399/MT) WMP index up 1.9%, average price US$3,027/MT …
Global Dairy Trade Event 344 concluded with the GDT Price Index unchanged Read More »
Suzuki is planning to setup 4 Bio-CNG plants jointly with Amul affiliated dairy (Banas Dairy in North Gujarat). Mr Kenichiro Toyofuku, Director (Sustainability), Maruti Suzuki India Ltd said this on the occasion of Amul Clean Fuel BioCNG Car rally which was flagged off from Pune on Monday. Mr. Kenichiro said – ”Bio -CNG is a …
Suzuki planning to setup 4 Bio-CNG plants jointly with Amul Read More »
Chief minister Pramod Sawant on Tuesday said that the government is making efforts to increase milk production in the state, but it is necessary that local milk producers should also cooperate. He said Goa consumes 44 lakh litres of milk every day, out of which Goa has to purchase several lakhs of litres of milk …
Need farmers’ support to up milk production: Sawant Read More »
Parag Milk Foods Limited (PMFL), a leading manufacturer and marketer of dairy-based branded products i announced its unaudited financial result for the quarter and half year that ended September 30, 2023, reporting the total revenue for the quarter at ₹7,981.6 million registering a growth of 20.1 per cent y-o-y. Despite the high festive base of last …
AMF index up 3.1%, average price US$5,489/MT (€5,110/MT) Butter index down 1.6%, average price US$4,890/MT (€4,553/MT) BMP index up 3.5%, average price US$2,323/MT (€2,163/MT) Ched index up 4.5%, average price US$4,042/MT (€3,763/MT) LAC index up 19.2%, average price US$718/MT (€668/MT) SMP index up 2.3%, average price US$2,724/MT (€2,536/MT) WMP index down 2.7%, average price US$2,971/MT …
Global Dairy Trade Event 343 concluded with the GDT Price Index down 0.7% Read More »
Regular grade whole milk powder (WMP) prices sold at Global Dairy Trade (GDT) Pulse auction platform were down at last week’s auction, settling at US$2,930/t. This price was US$45/t or 1.5% lower than the price achieved at the previous pulse, and down US$85/t or 2.8% from the price achieved for C2 regular WMP at GDT …
Global Dairy Trade (GDT) Pulse and forecast offering volumes Read More »
Fonterra Co-operative Group Ltd can today confirm that the sale of Fonterra and Nestlé’s Dairy Partners Americas (DPA) Brazil joint venture* (JV) to French dairy company Lactalis is complete. Fonterra CEO Miles Hurrell says when the Co-op announced the sale in December 2022, it noted the sale was subject to regulatory approvals. These approvals have …
The dairy market in India size reached INR 14,899.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach INR 31,185.7 Billion by 2028, exhibiting a growth rate (CAGR) of 13.2% during 2023-2028. Report Attribute Key Statistics Base Year 2022 Forecast Years 2023-2028 Historical Years 2017-2022 Dairy Industry in India Size in 2022 …
The Global Dairy Trade (GDT) Pulse auction witnessed a subpar performance, causing concerns in the milk powder markets. Additionally, China’s trade data for the month revealed disappointing figures, further contributing to market unease. The GDT introduced skim milk powder (SMP) to its Pulse auction, with SMP values experiencing stabilization in September and a robust recovery …
Fear and Volatility: GDT Pulse Auction Sends Shockwaves through Milk Powder Markets Read More »
