Milk Powder (WMP)

Whole Milk Powder (WMP) retains the full cream content of milk (26-42% fat), offering a rich flavor profile for reconstitution into liquid milk, chocolate manufacturing, and bakery applications. New Zealand is the dominant global exporter, with Fonterra's production decisions significantly influencing global pricing.

Regular (26% fat)28% FatInstant WMPAgglomeratedCIFCFRFOB
Quick Facts

Milk Powder (WMP) at a Glance

Common Origins
New ZealandEuropean UnionArgentinaUruguayAustralia
Common Destinations
ChinaAlgeriaSri LankaBangladeshNigeria
Grades & Specifications
Regular (26% fat)28% FatInstant WMPAgglomerated
INCOTERMS
CIFCFRFOB
Unit of Measure
Metric Tons

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Beef (Frozen)

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Fish Meal

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Shrimp (Frozen)

Frozen shrimp is the world's most traded seafood commodity, sourced from both aquaculture (vannamei, monodon) and wild catch. Ecuador, India, Vietnam, and Indonesia are the top exporters. Shrimp is traded by count per pound (e.g., 16/20, 21/25) and form (HOSO, HLSO, PD, PUD).

Milk Powder (SMP)

Skimmed Milk Powder (SMP) is produced by removing water and fat from pasteurized milk, yielding a shelf-stable protein ingredient with less than 1.5% fat. It is used in reconstituted milk, bakery products, confectionery, and infant formula. New Zealand's GDT auction is the key price discovery mechanism.

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