NZ's Synlait Milk raises milk price forecast for 2024/25 season
09/10/2024 20:43
Oct 10 (Reuters) - New Zealand's Synlait Milk SML.NZ
on Thursday hiked its base milk price forecast for the 2024-25
season, citing continued strength in global commodities prices.
The company said it now expects the base milk price for the
2024-25 season to be NZ$9 per kilogram of milk solids (kgMS), up
from NZ$8.60 per kgMS.
(Reporting by Rajasik Mukherjee in Bengaluru; Editing by Shreya
Biswas)
((Rajasik.Mukherjee@thomsonreuters.com;))
Recent news on Synlait Milk
See all newsBrief: Synlait Milk To Replace NZ$130 Million Existing Bright Loan With New Replacement Bright Loan
New Zealand's Synlait Milk CEO quits, second resignation in two years (updated)
New Zealand's Synlait says CEO Richard Wyeth steps down
Brief: Synlait Milk Says Richard Wyeth Resigns As Synlait CEO
NZ's Synlait Milk rises on securing waivers for banking facilities