13December2021 Nuflower Foods Engagement Dairy

Engagement Dairy Nuflower Foods 13-Dec-2021

Current SMP fundamentals-

  • As per the expectations, prices have declined by INR 10-15 per kg.
  • Milk arrivals have improved due to ongoing flush season in India.
  • Low marriage demand is also putting pressure on prices.

Current procurement recommendation.

  • 15th December-30th December is the good time for procurement as prices are under pressure due to low demand .It is better to book SMP for 1-2 months of requirement CMP(current market price).