The Global Dairy Trade (GDT) index has recorded another decrease to mark seven consecutive index falls over the last three months in its latest auction.

The most recent tender – event 288 – concluded today (Tuesday, July 20) with the GDT Price Index down 2.9%.

Lasting one hour and 55 minutes, today’s event saw 154 participating bidders take part across 13 bidding rounds, with 111 winning bidders emerging.

A total of 22,405MT of product was sold on the day.

Key results:

Butter and anhydrous milk fat (AMF) saw smaller decreases of 0.8% and 0.3% respectively in index.

GDT drops again to mark consecutive 7 index falls1
Source: Global Dairy Trade

Cheddar was the only index available on the day to see an increase of a moderate 1.3%.

Sweet whey powder (SWP) was once again not available on the day.

The latest index figure of 1,179 is back 35 digits on the last outing of 1,214. Further details on the GDT’s events results can be found on the platform’s website here.

GDT drops again to mark consecutive 7 index falls2
Source: Global Dairy Trade

You may be interested in

Related
notes

BUY & SELL DAIRY PRODUCTOS IN

Featured

Join to

Most Read

SUBSCRIBE TO OUR NEWSLETTER