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Milk fat (New Zealand)

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daily
USD/T
UTC+3
Previous value
on 28/08/2026
from
to
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Index description

The index represents the price of New Zealand milk fat anhydride traded on SGX and serves as an indicator for premium dairy products in the agricultural sector. In July 2026, the maximum reached 6485.00 USD/tonne, the minimum was 6040.00 USD/tonne, and the average level stood at 6290.75 USD/tonne. Delivery is on an FOB basis in 210 kg barrels, with New Zealand as the primary trading region.

Quotes by Market Participants

List of securities for index calculation

Subgroup indices

Index Current value Date
Milk 16.65 USD/CWT 31/08/2026
Cheese 1.62 USD/Lbs 31/08/2026
Butter 4,404 EUR/T 31/08/2026
Milk (New Zealand) 9.75 NZD/kg 31/08/2026
Milk Class 3 (IMF) 20.71 USD/cwt 31/07/2026
Milk fat (New Zealand) 5,960 USD/T 31/08/2026

The composition of the index list

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