Monday, October 22, 2018

THE MILK PRICE IN THE SPOT MARKET FELL IN THE FIRST HALF OF OCTOBER

At the close of the spot market of milk from the first half of October to low pressure continued. Remembering that the spot market is the milk marketed between the industries. According to a survey of Scot Consultoria in São Paulo and Minas Gerais were references in R$1,594 and R$1,588 per litre, post on the platform, respectively. This corresponds to a decline of 1.4% in São Paulo and 0.7% in minas Gerais in comparison with the previous fortnight. After these followed falls in prices, the expectation in the short and medium term is more stable prices in the spot market, however, indents are not discarded as the weight of the harvest and also in demand at the tip end of the string. According to Scot Capture consulting Index of milk in August the volume picked up milk increased 3.7% compared to July this year, considering the national average. In September, there were 0.8% high on the uptake of milk in the country.
Abras - 19/10/2018 News Item translated automatically
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