Prices | WMP prices break $4000/MT mark

Whole milk powder (WMP) prices have broken the $4000/metric tonne mark for the first time in six months.

In the overnight Global Dairy Trade (GDT) auction, WMP prices rose 0.6% to $4008/MT.

WMP prices have never floated above the $4000/MT mark in the last five years- bar three months earlier this year. In March this year, prices shot up a whopping 21% to $4364/MT before settling below $4000 by mid-June.

All products offered on GDT auction overnight recorded price increases. The GDT price index rose 1.4%.

Key Results

AMF index up 3.0%, average price US$6,668/MT
Butter index up 4.6%, average price US$5,791/MT
BMP index up 2.9%, average price US$3,620/MT
Ched index up 1.0%, average price US$5,220/MT
LAC index up 3.5%, average price US$1,339/MT
SMP index up 1.3%, average price US$3,721/MT
SWP index not available, average price not available
WMP index up 0.6%, average price US$4,008/MT

Look also

Trade negotiators on lookout for next market

Trade Minister Todd McClay says he wants to hear from primary sector businesses on where they think the government’s trade negotiators should be deployed next.

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Topics |
Prices, WMP

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