Lactose
US producers keep their cards to their chests
Europe
Price in euro terms declines a little but not all parties are eager to offer
The overall price level in the EU is EUR 1200 ex works, but the willingness to sell varies strongly from one manufacturer to the next. The export market remains clearly out of range. No lactose was offered on the early August GDT.
Americas
Quiet market that maintains a short term focus
The US lactose market is quiet. There is some demand from Latin America at levels of some USD 0.50/lb (1100/t) ex works. Right now there is limited availability and going forward there probably is further upward potential. Prices for Q4 are thought to be a little higher but the supply side is not offering for those delivery dates yet.
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