BUTTER MARKET
ADVANCE IN PRICES. INCREASED CONTINENTAL DEMAND, EXPECTED TO CONTINUE. (United Press Association—By Electric Telegraph.—Copyright.) Received February 22/ 8.5 a,m. LONDON, Feb. 21. The butter market has shown a mark-: ed improvement in the past fortnight. Prices of Australian and New Zealand have hardened by eight to ten shillings. The main cause of the advance is the heavy Continental demand. Production on the Continent is now tat its lowest, and as the consumption there has increased recently European countries have been compelled to buy heavily hot only Danish, but also New Zealand, Australian and Argentine. Sinoe the import restrictions were imposed by France the price® there have risen so high that permission has been given to increase the amount which may be imported this quarter from 12,000 tons to 24,000. The Continental demand may be expected to continue.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/MS19320222.2.59
Bibliographic details
Manawatu Standard, Volume LII, Issue 70, 22 February 1932, Page 7
Word Count
139BUTTER MARKET Manawatu Standard, Volume LII, Issue 70, 22 February 1932, Page 7
Using This Item
Stuff Ltd is the copyright owner for the Manawatu Standard. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in