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

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