Mintec clarifies the assessment specifications for two European Dairy Mintec Benchmark Prices

All Market Notes 30 May 2022

Mintec wishes to clarify the specifications for the below European Dairy Mintec Benchmark Prices:

• Skimmed Milk Powder Medium Heat EXW European Union (MBP) – Mintec Code: J117

• Milk Fresh >3.5% Fat DDP United Kingdom (MBP) – Mintec Code: JQ45

The skimmed milk power assessment (Mintec Code: J117) represents a spray dried product.

The fresh milk assessment (Mintec Code: JQ45) represents milk with a minimum fat percentage of 3.5%, and a protein content of 3.2-3.6%.

Both assessments have been assessed in accordance to these specifications, and this is now fully reflected in our Assessment Specification Guide. Assessment values have not impacted by this clarification.

The full Mintec Assessment Specification Guide can be accessed here.

Please send any questions or comments about this market note to Methodology@mintecglobal.com and use the heading of this note as the subject of your email.