Permeate
Slow Chinese imports ahead of Newyear keeps prices where they are
Europe
Good availability and solid demand keep prices where they are
There are no material changes in the permeate market at the moment. China is quiet, partly because of Chinese Newyear partly because of the lack of dynamics in the pork market. EU demand is overall OK but availability is sufficient as well. The spread with the lactose price is also unchanged with most product still being traded in the range of EUR 650-700, ex works.
Americas
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