![[object Object]](http://images.ctfassets.net/m5mydry9e35f/1KFQxdYsFRZAdiEanHS0vr/67e6ab12a434139c7869903a0bead294/nzx-logo-test.svg){kind=logo}
- home
- Markets
- SGX-NZX Dairy Derivatives
- Global Dairy Trade
- Products
- Butter
Contact Us
For more information on how to access the NZX Futures and Options Market, please call +64 (9) 309 3672 or email: derivatives@nzx.com.
Butter (Butter)
Trading Event 400 will begin at 12:00 hours UTC/GMT on Tuesday, 17 March, which is 01:00 NZDT on Wednesday, 18 March 2026
Fonterra NZ Offer Quantities and Starting Prices Butter
| Shipment Months at Seller Ports | ||||||
Contract 1(Apr 26) | Contract 2(May 26) | Contract 3(Jun 26) | Contract 4(Jul 26) | Contract 5(Aug 26) | Contract 6(Sep 26) | |
| Butter (Butter) | ||||||
| Sales Group Minimum Supply (MT) | 115 | 565 | 225 | 90 | 0 | 0 |
| Sales Group Maximum Supply (MT) | 125 | 625 | 250 | 100 | 0 | 0 |
| Product Minimum Supply (MT) | ||||||
| Salted 25kg - NZ | 0 | 0 | 0 | 0 | 0 | 0 |
| Unsalted 25kg - NZ | 0 | 0 | 0 | 0 | 0 | 0 |
| Product Maximum Supply (MT) | ||||||
| Salted 25kg - NZ | 125 | 625 | 250 | 100 | 0 | 0 |
| Unsalted 25kg - NZ | 125 | 625 | 250 | 100 | 0 | 0 |
| Starting Price (USD/MT, FAS) | ||||||
| Salted 25kg - NZ | $5,840 | $5,840 | $5,840 | $5,880 | — | — |
| Unsalted 25kg - NZ | $5,840 | $5,840 | $5,840 | $5,880 | — | — |
Forecast Information - Fonterra NZ Butter
| Forecast Offer Quantities (MT) | ||||||
| Trading Event | TE 401 | TE 402 | TE 403 | TE 404 | Forecast | Change on Previous Forecast |
| Date | 08 Apr 26, NZST | 22 Apr 26, NZST | 06 May 26, NZST | 20 May 26, NZST | ||
| Fonterra | 12 Month | |||||
| Contract 1 | 50 | 50 | 100 | 100 | 3,650 | 0 |
| Contract 2 | 630 | 630 | 625 | 625 | 22,560 | 0 |
| Contract 3 | 200 | 200 | 100 | 100 | 11,400 | 0 |
| Contract 4 | 100 | 100 | 100 | 100 | 5,125 | 0 |
| Contract 5 | 0 | 0 | 0 | 0 | 0 | 0 |
| Contract 6 | 0 | 0 | 0 | 0 | 0 | 0 |
| Totals | 980 | 980 | 925 | 925 | 42,735 | 0 |
Download CSV