SMP Price Trends
Procurement Resource provides latest prices of Skim Milk Powder (SMP). Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
Procurement Resource provides Skim Milk Powder prices for several regions around the globe, which are as follows:
- North America
- South America
- Asia Pacific
- Middle East
About Skim Milk Powder:
Skim Milk Powder or skimmed milk powder is extracted by eliminating water from pasteurised skim milk (fat-free milk). It is made up of 5% or less moisture (by weight) and 1.5% or less milkfat (by weight) along with a minimum milk protein content of around 34%. Skim Milk Powder has been categorised for use as an ingredient based on the heat treatment process utilised during its manufacture.
- Powdered milk
- Dried milk
- Non-fat dry milk
- Baby food
- Production of Skim Milk Powder via Spray Drying Process.
In this process, pasteurised non-fat skimmed milk is concentrated in an evaporator, reducing the content to almost 50% milk solids. The concentrated milk obtained in the previous step is then sprayed into a heated chamber, almost instantly evaporating the water content and leaving behind fine powdered particles of milk solids.
- Arla Foods Amba
- Dairy Farmers of America Inc.
- Nestlé SA
- Danone S.A.
- Westland Milk Products
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The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).