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Strong global demand for milk powder, especially whole milk powder and skimmed milk powder, continues to support rising Global Dairy Trade prices. Recent main auctions recorded increases of 5.9% for whole milk powder and 3.1% for skimmed milk powder, as importers sought to secure protein supplies.
Firm importer demand and processors’ focus on higher-value dairy protein products are supporting powder prices, tightening demand-side competition for dairy supplies.
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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.