Displaying items by tag: GLOBAL DAIRY TRADE
Little change in GDT prices
Chinese demand lifts dairy prices
The rise in global dairy prices could be partially attributed to demand from China, says Westpac market strategist Imre Speizer.
Dairy prices dip slightly
Dairy price dips slightly
GDT price jump surprises economists
The 2.7% jump in last week’s Global Dairy Trade overall price index – with a 3.6% bounce in whole milk powder – was a surprise, economists agree.
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.
Market watchers split over GDT price drop
Was last week’s 3.4% drop in the Global Dairy Trade overall price index a warning sign or a temporary dip? Economists are divided.
No surprise in softer WMP price
Softer whole milk powder (WMP) prices are not surprising given China’s strong import activity recently and the steadily increasing WMP pricing, says Rabobank dairy analyst Emma Higgins.
GDT price index golden run ends
After eleven consecutive rises, the Global Dairy Trade (GDT) price index dropped in the overnight auction.
Optimism for the new season
The Global Dairy Trade (GDT) price index rose just 0.4% last week, but positive indicators will maintain market optimism for the new season, says BNZ senior economist Doug Steel.