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Skim Milk Powder (SMP)
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 SMP
| 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) | |
| Skim Milk Powder (SMP) | ||||||
| Sales Group Minimum Supply (MT) | 900 | 3735 | 2250 | 1170 | 675 | 0 |
| Sales Group Maximum Supply (MT) | 1000 | 4150 | 2500 | 1300 | 750 | 0 |
| Product Minimum Supply (MT) | ||||||
| Low Heat - NZ | 0 | 0 | 0 | 0 | 0 | 0 |
| Medium Heat - NZ | 0 | 0 | 0 | 0 | 0 | 0 |
| UHT - NZ | 0 | 0 | 0 | 0 | 0 | 0 |
| Product Maximum Supply (MT) | ||||||
| Low Heat - NZ | 1000 | 4150 | 2500 | 1300 | 750 | 0 |
| Medium Heat - NZ | 1000 | 4150 | 2500 | 1300 | 750 | 0 |
| UHT - NZ | 1000 | 4150 | 2500 | 1300 | 750 | 0 |
| Starting Price (USD/MT, FAS) | ||||||
| Low Heat - NZ | $2,215 | $2,215 | $2,215 | $2,245 | $2,330 | — |
| Medium Heat - NZ | $2,215 | $2,215 | $2,215 | $2,245 | $2,330 | — |
| UHT - NZ | $2,265 | $2,265 | $2,265 | $2,295 | $2,380 | — |
Forecast Information - Fonterra NZ SMP
| 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 | 1,000 | 1,000 | 900 | 900 | 10,295 | 0 |
| Contract 2 | 4,200 | 4,200 | 3,850 | 3,850 | 60,520 | 0 |
| Contract 3 | 2,450 | 2,450 | 2,000 | 2,000 | 30,520 | 0 |
| Contract 4 | 1,010 | 1,010 | 1,000 | 1,000 | 17,685 | 0 |
| Contract 5 | 640 | 640 | 650 | 650 | 12,000 | 0 |
| Contract 6 | 0 | 0 | 0 | 0 | 0 | 0 |
| Totals | 9,300 | 9,300 | 8,400 | 8,400 | 131,020 | 0 |
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