The SMP price trend reflects changes in the global dairy market influenced by milk production levels, demand from the food processing industry, seasonal supply patterns, and international trade dynamics. Skimmed Milk Powder is widely used in bakery, confectionery, dairy products, and processed foods, making its pricing closely linked to industrial consumption and dairy farm output. Factors such as feed costs, weather conditions, inventory levels, and export demand also play an important role in shaping market movements. Monitoring SMP price trends helps businesses, traders, and manufacturers understand market direction and plan procurement strategies more effectively in the competitive dairy industry.