Mintec proposes to launch new European dairy Mintec Benchmark Prices for Skimmed Milk Concentrate

All Market Notes 13 April 2022

Mintec is proposing to launch new weekly Mintec Benchmark Prices assessments for European Skimmed Milk Concentrate and is soliciting feedback from the market.

Mintec is proposing to launch the assessment on Thursday 26 May 2022 and is collecting feedback on this proposal from any market participant involved in the dairy industry until Friday, 6 May 2021.

The proposed assessment, including the specification, is:

The assessment would reflect the transactable value at 15:59:59 UK time for the prices of the above-mentioned products.

The Skimmed Milk Concentrate market is vital to the dairy industry as it is a leading indicator for Skimmed Milk Powder. Market participants should value the transparency that this price would bring to the market when looking at determining the SMP production.

Please send any questions or comments on this market note to methodology@mintecglobal.com and clearly state which market note your comments relate to, and if comments are intended for publication by Mintec.

Mintec will acknowledge receipt of all comments by email.