Lactose
Supply pressure may push EU prices down towards US price levels in coming months
Europe
The need to export is building
Availability of lactose in the EU is strong as supply is good and exports have so far disappointed. Export volumes year to date are down by 12% which is starting to affect the market balance and is creating some sales pressure in the market. Prices are still stable though at EUR 1000-1100 ex works.
Americas
Market activity is slowing down
The US lactose market is stable at a price level around USD 0.50/lb (1100/t) ex works. Suppliers are sold out for Q4 so it seems and apart from some pockets of export demand in South America and Asia, market activity is diminishing.
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