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WMP prices down 14.4% at Fonterra's internet auction

This article was originally published in Dairy Markets

Fonterra's second trading event for its new internet-based sales platform, globalDairyTrade, has achieved a clearing price for regular whole milk powder (WMP) for shipment in October of US$3 705/tonne (€2 393/t) FAS NZ port, down 14.4% from the July auction, when the average price was $4 330/t (see DM, No 956, 10.07.08, p9).


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