DCA benchmarks: Powder commentary week 12

The powder market observed a remarkable increase in week 12 (March 19). The value of milk’s protein component has increased substantially, with SMP observing the highest absolute weekly increase and SWP the highest percentage increase. WMP prices grew at a more moderate pace, with increases in the protein component partly offset by the declining fat prices. Further increases were observed in lactose, driven by a good demand from baby food and medical segments.