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SMP export ban lifted

This article was originally published in Foodnews

INDIA’s government has lifted the country’s ban on skimmed milk powder (SMP) exports, to improve the finances of dairy firms and help milk producers. The ban was imposed in February 2011 to contain a rise in domestic milk prices, but this year India is enjoying an SMP surplus estimated to be around 100 000 tonnes. As a result, the domestic price has fallen to INR150 per kilo (USD2.70/kg) compared with INR190-200/kg this time last year, making Indian product competitive on international markets. India is the world’s biggest milk producer, with an annual output of over 120 million tonnes in 2010.

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