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For more information on how to access the NZX Futures and Options Market, please call +64 (9) 309 3672 or email: derivatives@nzx.com.
Skim Milk Powder (SMP)
Trading Event 368 will begin at 01:00 hours UTC/GMT on Wednesday, 20 Nov 2024, NZDT
Fonterra NZ Offer Quantities and Starting Prices SMP
| Shipment Months at Seller Ports | ||||||
Contract 1(Dec 24) | Contract 2(Jan 25) | Contract 3(Feb 25) | Contract 4(Mar 25) | Contract 5(Apr 25) | Contract 6(May 25) | |
| Sales Group Minimum Supply (MT) | ||||||
| Skim Milk Powder (SMP NZ) | 810 | 3465 | 1800 | 900 | 585 | 0 |
| Sales Group Maximum Supply (MT) | ||||||
| Skim Milk Powder (SMP NZ) | 900 | 3850 | 2000 | 1000 | 650 | 0 |
| Product Minimum Supply (MT) | ||||||
| Medium Heat - NZ | 0 | 0 | 0 | 0 | 0 | 0 |
| Low Heat - NZ | 0 | 0 | 0 | 0 | 0 | 0 |
| UHT - NZ | 0 | 0 | 0 | 0 | 0 | 0 |
| Product Maximum Supply (MT) | ||||||
| Medium Heat - NZ | 900 | 3850 | 2000 | 1000 | 650 | 0 |
| Low Heat - NZ | 0 | 3850 | 2000 | 1000 | 650 | 0 |
| UHT - NZ | 0 | 3850 | 2000 | 1000 | 650 | 0 |
| Starting Price (USD/MT, FAS) | ||||||
| Medium Heat - NZ | $2,455 | $2,425 | $2,445 | $2,465 | $2,470 | — |
| Low Heat - NZ | — | $2,425 | $2,445 | $2,465 | $2,470 | — |
| UHT - NZ | — | $2,475 | $2,495 | $2,515 | $2,520 | — |
Forecast Information - Fonterra NZ SMP
| Forecast Offer Quantities (MT) | |||||||||
| Trading Event | TE 369 | TE 369 | TE 370 | TE 370 | TE 371 | TE 371 | TE 372 | Forecast | Change on Previous Forecast |
| Date | 4 Dec 24 | 4 Dec 24 | 18 Dec 24 | 18 Dec 24 | 8 Jan 25 | 8 Jan 25 | 22 Jan 25 | ||
| Fonterra | 12 Month | ||||||||
| Contract 1 | 600 | 600 | 600 | 600 | 600 | 600 | 600 | 12,995 | 0 |
| Contract 2 | 3,000 | 3,000 | 3,000 | 3,000 | 2,800 | 2,800 | 2,800 | 60,720 | 0 |
| Contract 3 | 1,750 | 1,750 | 1,750 | 1,750 | 1,500 | 1,500 | 1,500 | 34,220 | 0 |
| Contract 4 | 900 | 900 | 900 | 900 | 650 | 650 | 650 | 17,635 | 0 |
| Contract 5 | 550 | 550 | 550 | 550 | 230 | 230 | 230 | 12,050 | 0 |
| Contract 6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Totals | 6,800 | 6,800 | 6,800 | 6,800 | 5,780 | 5,780 | 5,780 | 137,620 | 0 |
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