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Further decrease in international prices

Prices decreased by 7,4% at the latest GlobalDairyTrade auction on 3 November 2015. The trade-weighted index decreased to 751. In spite of the latest decrease in prices, prices are still 46% above the lowest level reached at the beginning of August. Since then, the rand has weakened by 6% against the US dollar. This provides further protection against low-priced imports.

Published on Monday, 9th November 2015 - 12:13

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