![[object Object]](http://images.ctfassets.net/m5mydry9e35f/1KFQxdYsFRZAdiEanHS0vr/67e6ab12a434139c7869903a0bead294/nzx-logo-test.svg){kind=logo}
- home
- Markets
- SGX-NZX Dairy Derivatives
- Global Dairy Trade
- Products
- Anhydrous Milk Fat
Contact Us
For more information on how to access the NZX Futures and Options Market, please call +64 (9) 309 3672 or email: derivatives@nzx.com.
Anhydrous Milk Fat (AMF)
Trading Event 388 will begin at 12:00 hours UTC/GMT on Tuesday, 16 September, which is 00:00 NZST on Wednesday, 17 September 2025
Fonterra NZ Offer Quantities and Starting Prices AMF
| Shipment Months at Seller Ports | ||||||
Contract 1(Oct 25) | Contract 2(Nov 25) | Contract 3(Dec 25) | Contract 4(Jan 26) | Contract 5(Feb 26) | Contract 6(Mar 26) | |
| Anhydrous Milk Fat (AMF) | ||||||
| Sales Group Minimum Supply (MT) | 320 | 1210 | 895 | 595 | 275 | 130 |
| Sales Group Maximum Supply (MT) | 415 | 1585 | 1130 | 740 | 355 | 170 |
| Product Minimum Supply (MT) | ||||||
| Regular 210kg drum - NZ/AU | 0 | 0 | 0 | 0 | 0 | 0 |
| Premium 210kg drum - NZ | 0 | 0 | 0 | 0 | 0 | 0 |
| Premium 1000kg bin - NZ | 0 | 0 | 0 | 0 | 0 | 0 |
| Product Maximum Supply (MT) | ||||||
| Regular 210kg drum - NZ/AU | 415 | 1585 | 1130 | 740 | 355 | 170 |
| Premium 210kg drum - NZ | 415 | 1585 | 1130 | 740 | 355 | 170 |
| Premium 1000kg bin - NZ | 415 | 1585 | 1130 | 740 | 355 | 170 |
| Starting Price (USD/MT, FAS) | ||||||
| Regular 210kg drum - NZ/AU | $5,945 | $5,780 | $5,810 | $5,800 | $5,875 | $6,440 |
| Premium 210kg drum - NZ | $6,020 | $5,855 | $5,885 | $5,875 | $5,950 | $6,515 |
| Premium 1000kg bin - NZ | $6,045 | $5,880 | $5,910 | $5,900 | $5,975 | $6,540 |
Forecast Information - Fonterra NZ AMF
| Forecast Offer Quantities (MT) | ||||||
| Trading Event | TE 389 | TE 390 | TE 391 | TE 392 | Forecast | Change on Previous Forecast |
| Date | 08 Oct 25, NZDT | 22 Oct 25, NZDT | 05 Nov 25, NZDT | 19 Nov 25, NZDT | ||
| Fonterra | 12 Month | |||||
| Contract 1 | 375 | 375 | 300 | 300 | 6,500 | -40 |
| Contract 2 | 1,275 | 1,275 | 1,250 | 1,250 | 26,240 | -160 |
| Contract 3 | 1,000 | 1,000 | 975 | 975 | 17,710 | -80 |
| Contract 4 | 675 | 675 | 675 | 675 | 11,650 | -40 |
| Contract 5 | 275 | 275 | 150 | 150 | 2,700 | -30 |
| Contract 6 | 150 | 150 | 100 | 100 | 1,300 | -20 |
| Totals | 3,750 | 3,750 | 3,450 | 3,450 | 66,100 | -370 |
Download CSV