Wednesday, 22 January 2020 08:38

Dairy prices rise

Written by Staff Reporters

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The GDT price index rose 1.7% overnight.

The second Global Dairy Trade (GDT) auction of the year has delivered another positive result.

The GDT price index rose 1.7%; the first auction of 2020, two weeks ago, recorded a 2.8% rise.

Whole milk powder price jumped 2.4% to US$3,233/ metric tonne.

Last night’s auction sold 33,165 MT of products: 191 bidders took part.

Key results

AMF index down 2.6%, average price US$4,821/MT

Butter index up 5.5%, average price US$4,250/MT

BMP not offered

Ched index up 0.6%, average price US$4,048/MT

LAC index up 0.5%, average price US$806/MT

RenCas index up 4.7%, average price US$9,375/MT

SMP index up 0.7%, average price US$3,036/MT

SWP not offered

WMP index up 2.4%, average price US$3,233/MT

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