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For more information on how to access the NZX Futures and Options Market, please call +64 (9) 309 3672 or email: derivatives@nzx.com.
Butter (Butter)
Trading Event 378 will begin at 12:00 hours UTC/GMT on Tuesday, 15 April, which is 12:00 Coordinated Universal Time on Tuesday, 15 April 2025
Fonterra NZ Offer Quantities and Starting Prices Butter
| Shipment Months at Seller Ports | ||||||
Contract 1(May 25) | Contract 2(Jun 25) | Contract 3(Jul 25) | Contract 4(Aug 25) | Contract 5(Sep 25) | Contract 6(Oct 25) | |
| Butter (Butter) | ||||||
| Sales Group Minimum Supply (MT) | 45 | 475 | 225 | 90 | 70 | 0 |
| Sales Group Maximum Supply (MT) | 50 | 530 | 250 | 100 | 75 | 0 |
| Product Minimum Supply (MT) | ||||||
| Salted 25kg - NZ | 0 | 0 | 0 | 0 | 0 | 0 |
| Unsalted 25kg - NZ | 0 | 0 | 0 | 0 | 0 | 0 |
| Product Maximum Supply (MT) | ||||||
| Salted 25kg - NZ | 15 | 159 | 75 | 30 | 75 | 0 |
| Unsalted 25kg - NZ | 50 | 530 | 250 | 100 | 75 | 0 |
| Starting Price (USD/MT, FAS) | ||||||
| Salted 25kg - NZ | $6,480 | $6,455 | $6,410 | $6,360 | $6,275 | — |
| Unsalted 25kg - NZ | $6,480 | $6,455 | $6,410 | $6,360 | $6,275 | — |
Forecast Information - Fonterra NZ Butter
| Forecast Offer Quantities (MT) | ||||||
| Trading Event | TE 379 | TE 380 | TE 381 | TE 382 | Forecast | Change on Previous Forecast |
| Date | 06 May 25, Coordinated Universal Time | 20 May 25, Coordinated Universal Time | 03 Jun 25, Coordinated Universal Time | 17 Jun 25, Coordinated Universal Time | ||
| Fonterra | 12 Month | |||||
| Contract 1 | 100 | 100 | 100 | 100 | 3,650 | 0 |
| Contract 2 | 500 | 500 | 300 | 300 | 16,260 | 0 |
| Contract 3 | 100 | 100 | 225 | 225 | 8,950 | 0 |
| Contract 4 | 88 | 87 | 200 | 200 | 5,500 | 0 |
| Contract 5 | 75 | 75 | 200 | 200 | 3,875 | 0 |
| Contract 6 | 75 | 75 | 75 | 75 | 1,950 | 0 |
| Totals | 938 | 937 | 1,100 | 1,100 | 40,185 | 0 |
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