Global Dairy Trade (GDT) Event 397, held on February 3, 2026, recorded a strong upward movement in dairy commodity prices.
The GDT Price Index increased by +6.7% compared to the previous event, signaling firm demand and positive momentum in international dairy trade.
In pricing terms, the average winning price reached USD 3,830 per metric ton (USD/MT). This figure reflects the successful bids placed during the auction and indicates a solid price trend across the range of dairy products offered. The average price was shaped by product mix as well as competitive bidding among buyers.
Participation levels were high, with 175 bidders taking part in the event. After 25 bidding rounds, 98 winning bidders secured product volumes, highlighting the intensity of competition throughout the session. The trading event lasted 2 hours and 43 minutes, giving participants time to adjust their strategies as prices evolved.
Regarding volumes, supply for this event ranged between 22,714 and 28,866 metric tons, based on the minimum and maximum quantities offered. The final quantity sold reached 24,034 MT, showing that a significant share of the available product was successfully placed. These results reflect both active demand and sustained international interest in dairy commodities amid a rising price environment.
