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Apr 5, 2023TRADEIndia

India may need some dairy imports despite improving stocks, says official

An Indian official said the country may still need some dairy imports despite improving stocks. Demand has risen 8-10% while domestic supply has been constrained.

WHY IT MATTERS

Expected Indian import demand for dairy products supports global dairy prices and could add to demand for skim milk powder used in feed.

AFFECTSMilk (Class III)▲

SOURCE
reuters.comC.K. NayakApr 5, 2023

Price reaction & history

Milk (Class III)▲bullishSO FAR1d +3.4%5d +3.4%20d -7.1%

After 41 past bullish trade events, Milk (Class III) moved a median -0.1% over 5 sessions (49% higher; middle half -1.3% to +8.1%), and +1.1% over 20.

Feb 28, 2026Record dairy exports in December - Dairy Star+9.6%
May 21, 2020Analysis: Dairy markets continue to trend higher despite strong production - Agriland.ie-0.8%
May 15, 2026Protein Demand, Exports Drive Upturn in Milk Markets | Dairy News | lancasterfarming.com-0.2%
Nov 26, 2025State of the Dairy Industry: Cheese, butter “rockin’ out” with record exports | Dairy Foods-8.1%
Aug 4, 2016Dairy auction bounce may signal start of recovery+11.4%

Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.

Milk (Class III) MILK · GP ▸

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