![[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
- Cheddar
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.
Cheddar (Ched)
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 Ched
| 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) | |
| Cheddar (Ched) | ||||||
| Sales Group Minimum Supply (MT) | 55 | 235 | 215 | 160 | 70 | 0 |
| Sales Group Maximum Supply (MT) | 60 | 260 | 240 | 180 | 80 | 0 |
| Product Minimum Supply (MT) | ||||||
| Young - NZ | 0 | 0 | 0 | 0 | 0 | 0 |
| Frozen - NZ | 0 | 0 | 0 | 0 | 0 | 0 |
| Product Maximum Supply (MT) | ||||||
| Young - NZ | 60 | 260 | 240 | 180 | 80 | 0 |
| Frozen - NZ | 0 | 260 | 240 | 180 | 80 | 0 |
| Starting Price (USD/MT, FAS) | ||||||
| Young - NZ | $4,055 | $3,980 | $3,995 | $3,980 | $4,015 | — |
| Frozen - NZ | — | $4,030 | $4,045 | $4,030 | $4,065 | — |
Forecast Information - Fonterra NZ Ched
| 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 | 60 | 60 | 70 | 70 | 1,300 | 0 |
| Contract 2 | 265 | 265 | 280 | 280 | 4,350 | 0 |
| Contract 3 | 255 | 255 | 210 | 210 | 4,370 | 0 |
| Contract 4 | 160 | 160 | 140 | 140 | 3,000 | 0 |
| Contract 5 | 70 | 70 | 60 | 60 | 1,420 | 0 |
| Contract 6 | 0 | 0 | 0 | 0 | 0 | 0 |
| Totals | 810 | 810 | 760 | 760 | 14,440 | 0 |
Download CSV