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Butter: Highly competitive prices

September 19, 2019 at 1:29 PM , Der AUDITOR
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FRANKFURT/BRUSSELS. Although the butter prices are slowly recovering throughout the EU, they are nevertheless trading as much as 16% below the five-year moving average. In Germany, the market is most certainly preparing for Christmas, whereas demand still ha to pick up in parts of the US.

Demand further improves in Germany and in the EU

Demand for bulk butter has very much improved in Germany over the last two weeks as 25 kg blocks are currently trading in a range of EUR 3.70 per kg ex works. Cheaper offers are also available. After despairing over a lack of demand with discounters offering table butter at rock bottom prices the retail market is now reporting normal demand. The prices for table butter have stabilised at a level of EUR 3.48-3.56 at the Butter and Cheese Exchange in Kempten.

In Poland, the prices for bulk butter differ greatly.

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