fbpx
Print this page
Wednesday, 03 April 2019 10:36

Ninth straight rise for GDT price index

Written by 
GDT’s price index hasn’t seen a price drop since November last year. GDT’s price index hasn’t seen a price drop since November last year.

The Global Dairy Trade (GDT) price index has risen for the ninth consecutive time.

Last night’s GDT auction saw the price index rise 0.8% to UIS$3483/metric tonne. GDT’s price index hasn’t seen a price drop since November last year.

A decline in milk production among key producing global regions is keeping prices up. 

However, the flagship whole milk powder price was down 1.35 to US$3287/MT.

Butter prices saw another big jump- 5.8% to US$5374/MT. Skimmed milk powder was up 1.8%.

Key results

AMF index up 3.7%, average price US$5,867/MT

Butter index up 5.8%, average price US$5,374/MT

BMP index up 5.0%, average price US$3,548/MT

Ched index up 3.2%, average price US$4,248/MT

LAC index down 5.3%, average price US$948/MT

RenCas index up 7.5%, average price US$6,703/MT

SMP index up 1.8%, average price US$2,468/MT

SWP index not available, average price not available

WMP index down 1.3%, average price US$3,287/MT

More like this

Popular Reads

Featured

Big day at Clash of the Colleges

Big day at Clash of the Colleges

Craighead Diocesan, Darfield High School and Christchurch Boys' High School took out the three age groups at the Canterbury Clash of the Colleges, which was held at the recent Ashburton A&P Show.

National

Machinery & Products

New pick-up for Reiter R10 merger

Building on experience gained during 10 years of making mergers/ windrowers, Austrian company Reiter has announced the secondgeneration pick-up on…