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In August the volume traded on the dairy derivatives market of European Energy Exchange (EEX) already surpassed the total volume traded in 2016. From 1st January until 16th August 2017 a total of 82,065 tonnes of goods equivalent was traded (equals 16,413 contracts). The total trading volume reached in 2016 (Jan.-Dec.) amounted to 82,050 tonnes and represented the highest annual volume in dairy futures on an exchange in Europe so far.
EEX’s offering for European dairy products includes futures on skimmed milk powder, butter and whey powder. Since launch of agricultural products in mid-May 2015, the derivatives market for dairy products at EEX has continuously recorded new record volumes and shown steady growth.
