Rebound expected
After 12 months of fall is standing at the bidding of Milk Powder (LPE) falling from 5,000 in January/14 up to 2,250 US$/Tonne for December/14, Global Dairy announces an increase of a +13.7% over the last transaction of LPE 17 February/15, which has already accumulated a +32,4% on average January 2015 and reubicandose in the values in force in June 2014. Recall that for the exports of Argentina, the sales of SBA averaged, during 2014, +35.5 per cent of Fonterra.