date:Aug 08, 2013
for SMP. We are getting good export orders for SMP, said Vinayak Patil, chairman of the Maharashtra State Cooperative Milk Federation. August marks the start of a 2-3 month peak milk production season in some Indian states.
Rising export prices are also boosting sales, especially with the rupee's weakness. The currency hit a record low of 61.80 to the dollar on Tuesday, and has lost a tenth of its value so far this year.
SMP prices have risen more than 15 percent in six months in dollar terms,