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Skimmed pasteurised "Spot" foreign milk - Milan (Italy)
This page contains the prices of Skimmed Pasteurised "spot" Milk from countries outside Italy, as determined by the Commission appointed by the Metropolitana Milano MonzaBrianza Lodi Chamber of Commerce*.

The ten most recent prices are listed in the table, while the graph to the side illustrates the price trends that have occurred over the past three years.

The term Skimmed Pasteurised "spot" Milk from countries outside Italy refers to milk coming mainly from Germany. Milk is stored in bulk tanks and traded through short-term contracts.

It is important to note that the availability of skimmed pasteurised "spot" milk from countries outside Italy is indicative of the demand trend for the product (influenced by factors such as increased semi-skimmed UHT milk consumption or raw milk shortages in autumn).

* The Metropolitana Milano MonzaBrianza Lodi Chamber of Commerce records the prices of goods traded between companies that, in terms of trading volume, play an important role in the local economy. The Chamber specifically appoints Technical Commissions to carry out the assessments on its behalf. The prices shown on this page are purely informative and are to be interpreted as indicative of the average market values over the specified period.

At the bottom of this page you can find a simulation-based calculation model to reconstitute the components of skimmed pasteurised "spot" milk of Germany and thus determine the price.
 
Survey Date
€ per 100 lt
Min Max ± on prev. price
Monday 16 Sep 2024
33,64 36,23 +2,27%
Monday 9 Sep 2024
33,12 35,19 +3,12%
Monday 2 Sep 2024
32,09 34,16 +4,07%
Monday 26 Aug 2024
31,05 32,60 +6,96%
Monday 19 Aug 2024
28,98 30,53 +7,48%
Monday 12 Aug 2024
CLOSED  
Friday 2 Aug 2024
26,91 28,46 +8,08%
Monday 29 Jul 2024
24,84 26,39 +6,45%
Monday 22 Jul 2024
23,29 24,84 +4,49%
Monday 15 Jul 2024
22,25 23,81 0,00%
NOTE: since 2010, March prices are quoted on a fortnightly basis; since 2017, March prices are quoted on a weekly basis.
² The price is inclusive of freight.
From November the 18th, 2019 the prices quoted are free destination dairy Northern Italy included of quality and payments are granted in accordance with Article 62 Decree-Law n.1/2012
Source: Lodi Chamber of Commerce - data processed by CLAL; since January 2018, source: Metropolitana Milano MonzaBrianza Lodi Chamber of Commerce
Survey Date
€ per 100 Kg
Min Max ± on prev. price
Monday 16 Sep 2024
32,50 35,00 +2,27%
Monday 9 Sep 2024
32,00 34,00 +3,13%
Monday 2 Sep 2024
31,00 33,00 +4,07%
Monday 26 Aug 2024
30,00 31,50 +6,96%
Monday 19 Aug 2024
28,00 29,50 +7,48%
Monday 12 Aug 2024
CLOSED  
Friday 2 Aug 2024
26,00 27,50 +8,08%
Monday 29 Jul 2024
24,00 25,50 +6,45%
Monday 22 Jul 2024
22,50 24,00 +4,49%
Monday 15 Jul 2024
21,50 23,00 0,00%
 
Prior to 31/12/2005, milk prices were determined in Euro/1000 litres; since 01/01/2006, prices have been in Euro/1000kg. CLAL publishes prices in Euro/100 litres in order to compare them with farm-gate milk prices in Lombardy (Italy's largest milk-producing region), where prices are agreed between the parties (Dairy Industries and Milk Farmers) in Euro/100 litres.

Calculation to convert the price of:
- whole milk from Euro/1000kg to Euro/100 litres: Price x 1.031:10
- skimmed milk from Euro/1000kg to Euro/100 litres: Price x 1.035:10

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€/100Kg

2009 2014 2019 2020 2021 2022 2023 2024 % on prev. month % on 2023
January 15,00 29,63 18,19 22,58 19,69 25,20 20,50 21,88 -11,39% +6,71%
February 14,00 27,38 18,56 24,44 23,94 28,38 21,88 23,69 +8,29% +8,29%
March 13,00 23,00 16,00 21,67 19,85 28,69 17,13 18,81 -20,58% +9,85%
April 14,00 15,75 13,63 14,94 16,88 28,44 14,17 14,50 -22,92% +2,35%
May 14,00 16,25 14,50 16,31 18,10 25,90 15,31 17,38 +19,83% +13,47%
June 15,50 22,75 18,75 20,55 19,38 30,06 20,56 19,13 +10,07% -6,99%
July 15,50 22,00 23,20 19,31 20,81 34,38 21,40 22,75 +18,95% +6,31%
August 16,75 22,25 23,50 20,38 22,25 34,25 22,00 28,75 +26,37% +30,68%
September 20,25 22,25 26,25 21,81 25,81 37,50 27,69 32,92 +14,49% +18,89%
October 22,00 22,50 26,75 21,50 27,95 37,63 29,40
November 23,50 23,50 27,81 22,50 28,63 35,50 29,81
December 21,00 17,75 23,65 19,31 27,88 27,88 24,69
Jan - Sep 15,34 22,36 19,36 20,12 20,65 30,06 20,22 21,72
Change (1) -31,40% +45,80% -13,43% +3,94% +2,63% +45,56% -32,73% +7,42%
Jan - Dec 17,05 22,08 21,06 20,42 22,56 30,93 22,35
Change (1) -25,13% +29,56% -4,66% -3,03% +10,49% +37,09% -27,73%
Metropolitana Milano MonzaBrianza Lodi Chamber of Commerce - data processed by CLAL
The monthly, cumulative and annual prices are arithmetic averages calculated on the basis of the weekly prices.
1) change from the same period of previous year , except for years 2009, 2014, 2019, where the change is from the same period 5 years ago
From November the 18th, 2019 the prices quoted are free destination dairy Northern Italy included of quality and payments are granted in accordance with Article 62 Decree-Law n.1/2012
  min price
max price
 
Simulation-Based Calculation

The simulation-based calculation here below determines the price of skimmed pasteurised "spot" milk from countries outside Italy by reconstituting the components and employing the ratio: 9,65 kg of milk = 1 kg of skimmed milk powder (SMP). It uses the following references:
  • the min. and max. price trends for Skimmed Milk Powder (SMP) for human consumption (ADPI) determined in Germany;
  • the min. and max. price trends for Skimmed Milk Powder (SMP) for human consumption (LOSE) determined in Germany;
  • the cost of powder transformation: Euro 38,00 / 100 kg of SMP;
  • the cost of transportation from Bavaria to Milan: Euro 4,00 / 100 kg;
  • the conversion from kg to litres: 1,035
The minimum and maximum prices shown in the table are the result of this calculation. The chart to the right illustrates these results over a three-year period.

The graph below compares the average price of skimmed milk, calculated by simulation, with the price of raw Italian "spot" milk over a given period.
 
Skimmed milk prices based on the simulation of the
min. e max price of the milk powder (SMP - ADPI) in Germany
Euro per 100 litre - V.A.T. excluded,
delivery cost (Bavaria - Milan) included
Survey date
2021
min max
2022
min   max
2023
min   max
2024
min   max
January
23,77 24,45
36,89 37,60
26,85 28,11
26,30 27,24
February
25,00 25,57
38,92 39,61
25,53 26,90
25,75 26,70
March
25,73 26,32
42,17 42,86
25,71 27,06
24,67 25,78
April
26,39 26,93
44,55 45,72
23,90 25,18
23,79 25,15
May
27,14 27,70
42,19 44,39
24,14 25,32
24,24 25,45
June
27,17 27,91
42,04 44,09
24,55 25,68
24,77 26,00
July
26,12 26,91
40,34 42,35
23,39 24,54
23,95 25,24
August
26,23 27,02
38,38 40,45
22,85 23,89
24,45 25,83
September
27,86 28,52
38,25 39,98
23,04 23,99
26,62 27,62
October
30,31 31,23
36,57 37,95
26,38 27,29
   
November
32,92 34,12
30,80 32,27
27,46 28,34
   
December
34,73 35,64
28,35 29,84
27,44 28,30
   
Annual
avg price		 27,33 28,00 37,83 39,17 24,58 25,75 24,33 25,67

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Month 2021 2022 2023 2024 ± on prev.
month. 		± % from
2023
January 18,28 18,28 18,28 18,28 0,00% 0,00%
February 18,28 18,28 18,28 18,28 0,00% 0,00%
March 18,28 18,28 18,28 18,28 0,00% 0,00%
April 18,28 18,28 18,28 18,28 0,00% 0,00%
May 18,28 18,28 18,28 18,28 0,00% 0,00%
June 18,28 18,28 18,28 18,28 0,00% 0,00%
July 18,28 18,28 18,28 18,28 0,00% 0,00%
August 18,28 18,28 18,28 18,28 0,00% 0,00%
September 18,28 18,28 18,28  
October 18,28 18,28 18,28  
November 18,28 18,28 18,28  
December 18,28 18,28 18,28  
Jan-Aug 18,28 18,28 18,28 18,28
Change¹ % 0,00% 0,00% 0,00% 0,00%
Average 18,22 18,22 18,22
Change¹ % 0,00% 0,00% 0,00%
Last Update:02-09-2024
1) change from the same period of previous year
The monthly, cumulative and annual prices are arithmetic averages calculated on the basis of the weekly prices
*: From November the 18th, 2019 the prices quoted are free destination dairy Northern Italy included of quality and payments are granted in accordance with Article 62 Decree-Law n.1/2012
Source: UE
  min price
  max price
CALCULATION NOTES:
Intervention Price of SMP transformed into Skimmed Milk:
  • to get 1 kg of SMP, it needs 9,65 litres of Skimmed Milk;
  • cost of spray drying: Euro 38,00 per 100 kg of SMP;
  • freight costs from Bavaria to Milan: Euro 4,00 per 100 kg;
DISCLAIMER: Clal seeks to ensure that the prices calculated by this interactive price system are accurate. However, Clal shall not in any event be liable for loss, or damage, howsoever suffered directly or indirectly in relation to the information produced, and no liability will be accepted for errors or omissions.
Clal recommend that if any action is considered due to information produced by the system, before any action is taken, all prices, assumptions, and other information required is checked with an appropriate person qualified to give advice.