Lactose
Upward momentum comes to a halt on both sides of the Atlantic
Europe
Volatile sentiment but resulting price movement is limited
Sentiment turned volatile in the lactose market in the EU. One week the market felt weak, the next week things firmed up again. In the final days leading up to publication of this issue of the Market Watch, the market felt soft again. Demand for standardization still feels strong though because milk production hardly weakens in the EU. Prices declined somewhat to EUR 1625 ex works.
Americas
Lactose market turns a bit quiet
The market is moving largely sideways, but trading dynamics appear to slow down. GDT indicated downward price momentum and there are a few more offers in the market these days. Prices are still USD 0.75-0.80/lb (1655-1765/t) ex works for the top tier brands and USD 0.70/lb (1545/t) for lower tier product.
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