Wednesday, 19 April 2017 09:15

Three GDT rises in a row

Written by Rural News Group

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Dairy prices increased at the GlobalDairyTrade auction overnight, rising for the third time in a row.

The GDT price index advanced 3.1% cent from the previous auction two weeks ago.

The flagship whole milk powder rose 3.5% to US$2998/tonne.

Skim milk powder, which has been lagging way behind WMP, also got a boost; prices rose 7.1% to US$2044/ tonne.

Key results

AMF index down 0.5%, average price US$5,930/MT

Butter index up 2.9%, average price US$4,892/MT

BMP index not available, average price US$1,720/MT

Ched index up 6.0%, average price US$3,462/MT

LAC index up 1.2%, average price US$935/MT

RenCas index down 3.8%, average price US$6,020/MT

SMP index up 7.1%, average price US$2,044/MT

WMP index up 3.5%, average price US$2,998/MT

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