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Butter: Unexpected developments in the EU

September 6, 2019 at 12:05 PM , Der AUDITOR
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FRANKFURT/BRUSSELS. The current market situation in the EU has taken market players by surprise in Germany. Meanwhile, the EU Commission also records a shift in the international market.

Traders report turnaround in the EU

The pre-Christmas sales have driven up prices for bulk butter in Germany, the Netherlands and in Poland. Although market players had been reckoning with an increase in demand and with higher prices as buyers gear up for Christmas, the drastic rise in prices has taken many by surprise. Traders report that bulk butter is already trading more than EUR 0.25 per kg higher and that the producers are reluctant to offer contracts. Ireland is the noted exception as the prices for frozen 25 kg bulk butter remain stable. It should, however,

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