Third straight drop for GDT price index

The Global Dairy Trade (GDT) price index was down 1.2% overnight, following drops of 5,5% and 4.7%.

The poor run is being blamed by uncertainty around the spread of coronavirus.

Key results

AMF index down 1.7%, average price US$4,302/MT

Butter index up 1.0%, average price US$4,131/MT

BMP index down 4.8%, average price US$2,718/MT

Ched index down 4.7%, average price US$4,285/MT

LAC index up 5.7%, average price US$871/MT

RenCas index up 0.5%, average price US$9,891/MT

SMP index down 3.2%, average price US$2,747/MT

SWP index not available, average price not available

WMP index down 0.5%, average price US$2,952/MT