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India's milk production has grown about 3% a year over the past decade, but the rising share of cow milk, which has less fat than buffalo milk, is tightening milk fat supply. Demand for genuine ghee, butter, paneer and cheese is rising alongside stronger food-adulteration enforcement.
Fat is becoming scarcer relative to solids-not-fat, which could push up dairy fat prices while leaving a possible surplus of skimmed milk powder. That surplus would weigh on powder prices.
agrimoon.comAnil MandalNov 13, 2026Not enough comparable past events yet for a historical read.
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.
