How much does butter cost in June?

The contract prices of Butter averaged around 5305 USD/MT in June’23. Analyst Insight According to the Procurement Resource, Butter prices are expected to keep fluctuating in the upcoming months as both upstream costs and end-user consumption are on the rise. Butter Price Trend for the Second Half of 2022 Asia

How much does butter cost in 2023 & 2024?

The price then dropped to $3.73 in 2020 and 2021, before decreasing further to $3.32 in 2022. Based on this trend, it is likely that the import price per kilogram of Butter into the US will remain relatively stable in 2023 and 2024, with an estimated price of $3.32 and $3.30 respectively. Looking to Buy or Sell Butter?

How are butter prices based on trading economics?

Trading Economics's prices for butter are based on over-the-counter (OTC) and contract for difference (CFD) financial instruments. Butter decreased 740 EUR/T or 14.37% since the beginning of 2023, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity.

Will butter prices remain stable over the next 6 months?

Butter prices are expected to remain stable over the next six months. This high butter price has not been seen since 2018, when premium prices encouraged milk processors to increase butter output, putting downward pressure on prices and resulting in significant drops in butter prices in 2019.