Milk fat (New Zealand)
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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 September 2026, the maximum reached 5960.00 USD/tonne, the minimum was 5475.00 USD/tonne, and the average level stood at 5690.45 USD/tonne. Delivery is on an FOB basis in 210 kg barrels, with New Zealand as the primary trading region.
Index value can be retrieved via Cbonds add-in for Excel using the formula CbondsIndexValue(197319, date)
Cbonds add-in| Index | Current value | Date |
|---|---|---|
| Milk | 14.98 USD/CWT | 09/10/2026 |
| Cheese | 1.505 USD/Lbs | 09/10/2026 |
| Butter | 4,175 EUR/T | 09/10/2026 |
| Milk (New Zealand) | 10.13 NZD/kg | 09/10/2026 |
| Milk Class 3 (IMF) | 21.57 USD/cwt | 30/09/2026 |
| Milk fat (New Zealand) | 5,650 USD/T | 09/10/2026 |