The Global Dairy Trade (GDT) event 379 closed with a solid increase of 4.6% in its Price Index, confirming a positive momentum in the global dairy market.
The average winning price reached USD 4,516 per metric ton, a sign of growing demand and firming expectations among buyers.
The trading session lasted 3 hours and 14 minutes, with 26 bidding rounds and the participation of 175 bidders, of whom 101 were winning bidders. These figures reflect a highly competitive market environment, with active engagement across multiple products.
A total of 16,714 metric tons of dairy products were sold, within a supply range that varied between 15,881 and 20,285 MT. Despite a slight reduction in the number of winning bidders compared to previous events, the level of activity remained robust and sustained throughout the auction.
This upward adjustment in prices may suggest not just a rebound but a possible shift toward a more sustained bullish trend. Market players will be watching closely whether this momentum continues or is just a temporary response to short-term factors.
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