The 403rd trading event of Global Dairy Trade (GDT), held on May 5, 2026, delivered another signal of stability in the international dairy market, with a 1.5% increase in the price index compared to the previous event. This result reinforces a trend of moderate recovery in global prices, as supply and demand begin to rebalance after a period of volatility.
The average winning price reached $4,127 per metric ton, reflecting sustained interest from global buyers. A total of 167 bidders participated in the auction, with 92 securing winning bids, highlighting active competition and broad-based demand. The event was conducted over 19 bidding rounds and lasted 3 hours and 6 minutes, indicating a dynamic trading environment with gradual price adjustments.
In terms of volume, a total of 13,743 metric tons was sold, within the expected supply range of 13,068 to 17,289 metric tons. This level of sales confirms that the market absorbed a significant portion of available product without generating major downward pressure on prices.
Overall, the results from GDT Event 403 point to a global dairy market that is gradually stabilizing, with positive price signals but still influenced by key factors such as production trends, input costs, and demand evolution in major importing regions. For industry stakeholders, these outcomes provide valuable insights for anticipating market trends and making strategic commercial decisions in a still-competitive environment.
