Wednesday, 08 August 2018 10:03

No change in GDT price index

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The Global Dairy Trade (GDT) price index remains unchanged after the overnight auction.

Whole milk powder price rose 0.1% to US$2958/MT; skim milk powder price index lifted 0.3% to US$1972/MT.

Key results

AMF index up 1.2%, average price US$5,709/MT

Butter index down 3.2%, average price US$4,802/MT

BMP index down 5.9%, average price US$2,441/MT

Ched index up 1.3%, average price US$3,663/MT

LAC index not available, average price not available

RenCas index up 8.0%, average price US$4,971/MT

SMP index down 0.3%, average price US$1,972/MT

SWP index not available, average price not available

WMP index up 0.1%, average price US$2,958/MT

 

More like this

Forecasts steady as demand holds

Banks are mainly holding firm on their forecasts of $7/kgMS despite last week’s flat Global Dairy Trade result – a small decline of 0.4% in the overall price index.

$7 payout still on the cards

Economists are still sticking to a 2019/20 season forecast of around $7/kgMS despite the 3.8% drop in the Global Dairy Trade overall price index last week.

Dairy prices tumble

Global dairy prices have tumbled in the latest Global Dairy Trade (GDT) event.

 
 

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