Synlait Milk Raises 2024, 2025 Base Milk Price Forecast

MT Newswires Live

2024-11-25

Synlait Milk (NZE:SML, ASX:SM1) raised its forecast base milk price for the 2024 to 2025 season to NZ$9.50 per kilogram of milksolids (kgMS) from NZ$9 per kgMS, according to a Monday filing with the Australian and New Zealand bourses.

The revision was due to the strengthening in global commodities prices since Synlait's last update in October, the filing stated.

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