# Butter market analysis November 2026: fat shortage in India, price pressure in the EU

> Polish fresh butter 82% FCA Grudziądz was quoted at 3.85 EUR/kg on 9 November, up from 3.65 EUR/kg at the end of October. European butter futures are trading only slightly above spot, and official averages still point to a weak tone into early 2027.

- Date: 2026-11-13 · published 2026-11-13T12:08:11.211Z
- Category: market · region EU · magnitude low
- Page: https://feedsoft.ai/events/97635-butter-market-analysis-november-2026-fat-shortage-in-india-price-pressure-in
- Commodities: [Choice White Grease](https://feedsoft.ai/c/CWG.md)

## Why it matters

India's butter and ghee demand is outpacing milk fat output, while EU producers face surplus butter alongside strong SMP. The regional divergence limits global trade flows and keeps EU butter prices under pressure.

## Sources

- commodity-board.com: https://commodity-board.com/roz-am-na-rynku-mas-a-niedobor-t-uszczu-w-indiach-kontra-s-abe-ceny-w-europie

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.