01—Whey Powder-Central America
Whey powder spot trading has experienced its busiest week this year. The price of the lower limit of the range remained stable, but the upper limit of the range rose by one cent. The range of the concentrated price range is expanded, and more transaction prices are between 0.2-0.3 US dollars. Manufacturers said that buyers in the Midwest are very satisfied with their current inventory levels. They said they had sufficient inventory and were considering weighing the best options, and buyers felt the same. People are paying more and more attention to sports nutrition and its impact on high-protein mixtures. 80% of WPC is in sufficient supply, and it is reported that the price of high-protein blends has continued to decline every week. Feed-grade whey trading is light, the upper limit price of the range has been lowered, and the overall situation of the whey powder market is still unclear.
The price range of the first traditional non-food whey powder and feed whey powder sold by the factory in the central region of the United States is FOB: 0.2500-0.2700 USD/lb.
The price range of the first sale of special grade, A grade and traditional food grade whey powder and non-hygroscopic whey powder of the factory in the central region of the United States is FOB: 0.2500-0.3700 USD/lb; the concentrated transaction range is FOB: 0.2950 -0.3400 USD/lb.
02—Whey Powder-Northeastern United States
The price ceiling of the eastern whey powder range rose this week. Trading activity slowed steadily. Buyer spot demand was mixed. In the case of intensive processing in the third type of factories, the whey powder production plan is active. The manufacturer's inventory level is sufficient to meet the demand for spot/contract orders. Due to the current oversupply, the market remains uncertain.
The price range of premium, A-grade and traditional food-grade whey powder and non-hygroscopic whey powder sold by the factory in the eastern region of the United States is FOB: 0.3200-0.3800 USD/lb.
03—Whey Powder-Western United States
Both the lower limit of the FOB price range and the lower limit of the concentrated price of whey powder in the western region increased. According to industry insiders, western whey powder suppliers have increased their available goods this week, but the supply is still tighter than in the central region. With the continued activity of cheese production, the output of whey powder has also continued to grow. However, the output of whey powder varies from manufacturer to manufacturer. Domestic and international sales were the same as last week. With the increase in COVID-19 cases in the western region, the direction of the whey powder market in the next few weeks is still full of uncertainty.
The price range of the first premium, A-grade and traditional food-grade whey powder and non-hygroscopic whey powder sold by factories in the western region of the United States is in the range of FOB: 0.2700-0.4000 USD/lb; the concentrated transaction range is in the FOB: 0.3250- 0.3700 USD/lb.
04—Whey Protein Concentrate
The WPC34% range price range has narrowed, but the concentrated price range has expanded. Market participants have different views on prices. Transaction prices in the spot market are all over the entire range. The weakness of high-protein whey concentrate still worries some WPC34% manufacturers. Some industry insiders believe that manufacturers are shifting their production focus from WPC80% to WPC34%. This may add more replaceable WPC34% to the already weak market. Some manufacturers say that this type of market is developing slowly. 34% of this type of WPC has no market price appreciation motivation. In the field of infant formula milk powder, the demand for WPC34% is still large. The supply of 34% of WPC that can meet the strict requirements of end users is still insufficient, and buyers hope to ensure the order volume. The quotations of 34% of WPC manufacturers in this category are also firmer.
The first sale of special grade, A grade and traditional food grade WPC 34% price range of the factory in the central and western regions of the United States is FOB: 0.7100-1.0850 US dollars/lb; the concentrated transaction range is FOB: 0.7500-1.0300 US dollars/lb.
05—lactose
The concentration of lactose prices has not changed this week, but the range of prices has narrowed. Many people in the industry believe that the overall lactose market is better. Prices are firm, demand is stable, and inventories are tight. The manufacturer stated that the current lactose consumers are willing to purchase at the current price. However, in some cases, buyers are still looking for low-priced alternatives, such as maltodextrin, to meet their carbohydrate needs. In addition, the development momentum of the lactose market has slowed down. Some market participants believe that most of the needs of Southeast Asian end users have been met, and they may reduce their purchases by the end of this year. Due to the decrease in buyers' enquiries and the increase in cheese production, the solid whey has increased. This may be the ruthless reality. In the next few months or until the end of the year, prices will weaken, but producers say there is no There are clear signs of how things will develop in the near future. Most manufacturers have signed their production plans until the next quarter. Some manufacturers are striving to determine their business in the fourth quarter at prices near the upper limit of the range. Demand in some areas of the market has slowed down. Some manufacturers believe that the extensive use of skimmed milk powder in formulas can reduce the need for lactose-standardized skimmed milk powder. The demand for sugar used in confectionery is uneven. The continuous outbreak of COVID-19 has caused chaos in the overall market. However, it will take some time for the overall situation of lactose to weaken significantly.
The price range of traditional food-grade lactose and non-pharmacological lactose is FOB: 0.4000-0.6300 USD/lb; the concentrated transaction range is FOB: 0.4600-0.5800 USD/lb.
(Source: Dairy Online)
Editor: Fan Yunlin
Proofreading: Zhang Yufang
Review: Xing Haiyun