
GDT Event 384, held on July 15th, 2025, closed with a 1.1% increase in the GDT Price Index compared to the previous event.
This marks a positive shift in global dairy markets after a period of volatility. The average winning price reached USD 4,380 per metric ton, reflecting an upward trend in product valuation.
A total of 17 bidding rounds took place over 2 hours and 27 minutes. There were 179 participating bidders, of which 118 emerged as winning bidders, highlighting strong competition for the products offered. The total quantity sold amounted to 24,290 metric tons, within a supply range of 22,781 to 28,705 MT, indicating solid market absorption.
This result is closely monitored by global market players, as GDT serves as a key price reference, especially for export-oriented regions such as Oceania and Latin America. The modest yet notable price increase may be influenced by expectations of reduced seasonal supply in New Zealand, along with signs of recovering demand from Asia and the Middle East.
While the market remains sensitive to climatic, geopolitical, and macroeconomic conditions, the outcome of this event brings cautious optimism. Upcoming GDT auctions will be crucial to determine whether this upward trend consolidates or if international dairy prices continue to fluctuate.