DCA-Markets intends to make the following adjustments to the DCA-Markings system. Which means that as of 1 June 2020, the text in bold below is added:
DCA-Markets reserves the right to not publish a Reference price value or publish a Reference price value at a later time, for a different period and/or as a preliminary price in the event of calamities. This includes, but is not limited to, a power outage, network problems, communication problems, terrorist attacks, or other events that disrupt the processes of DCA-Markets but also distortions of the market underlying the Reference price. DCA markets will further explain such a decision and the consequences.
The introduction will also state that the Dutch version of the methodology is leading.
Also per 1
June 2020, the prices per ton for all dairy quotations will be rounded to five
euros. These prices were previously rounded to one euro. This applies to the
following Reference prices (quotations):
The proposed adjustments are hereby offered to the market for consultation. Reactions to this consultation document can be sent by e-mail to: R.vantRiet@DCA.nl until May 28, 2020, stating "Consultation on adjustments to dairy quotations in May 2020".