Intervention SMP is released at rock bottom price

Posted on: 02/03/18

The Commission have sold 4,337 tonnes of the 380.000 tonnes in stock for only €1,100 tonne (£976.00 tonne).  This is easily the lowest price they have sold at and its €145/tonne below feed grade SMP.  The market certainly doesn’t need much of this cheap low grade SMP releasing at this moment in time.