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Key Takeaway
- India's SMP ex-dairy prices averaged INR 253/kg in 2025 (January–December), up 8.6% from INR 233/kg in 2024. Prices are influenced by the balance between surplus milk available for powder production, inventory levels and industrial demand. During the flush season, higher milk availability can encourage SMP production and stock accumulation, potentially moderating prices if demand does not keep pace.
About This Dataset
Tracks ex-dairy prices of skimmed milk powder, a storable dairy commodity used in recombined milk, food processing, confectionery, bakery products and other dairy applications.
Methodology
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Industries Included
150+
Countries
50K+
Data Points
24×7
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