Milk powder at 3 years low

Milk powder price 2015Milk powder and butter cream are two of the largest inputs into the production of ice cream, Christopher Clarke Chief Executive of Caribbean Cream makers of Kremi ice cream informed IC Insider.
The world market price for powdered milk has declined to the lowest price in three years with the trajectory pointing to still lower prices ahead. What this means is that makers of ice cream should be enjoying lower input cost of milk powder in the months ahead. The data was obtained from GlobalDairyTrade.

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  1. […] year’s earnings with an average of 8.4. A lot of the gains in profit came from the decline in raw material input, helping to push gross profit margin from 27 percent to 43 percent. Going forward increased input […]