At the latest event on September 4th the overall price index fell 0.7 percent. Butter went down 2.8 percent while SMP increased 2.2 percent.
Tagg: global dairy trade
At the GDT event this week the price index went down, this time with 1.7 percent. Butter fell 8.1 percent.
The past four events show a falling trend.
From Trading Event 212 on 15 May 2018, Polish Dairy will offer Sweet Whey Powder, building on the successful sales it has achieved with its Lactose and Skim Milk Powder products.
Sweet Whey Powder was previously available on the GDT Events platform for seven months from September 2014 but has not been offered by any sellers since then.
Dairy product prices rose at the Global Dairy Trade auction, gaining for the first time in five events, amid strong demand.
The GDT price index increased 2.7 per cent from the previous auction two weeks ago. The long time view however, shows a fairly stable price index.
At the latest Global Dairy Trade (GDT) event the trade index went up 5.9 percent with butter and butter milk powder as top winners.
Global Dairy Trade index went up 2.2 percent at the latest trading event contrary to the latest trading event the past year which went down 3.9 percent.
GDT Marketplace has grown strongly over the past quarter, with a 40% increase in buyers and doubling of sellers since our June update. GDT Marketplace now has 233 registered buyers and 10 registered sellers from USA, Western Europe, Oceania, and Asia.
At the latest Global Dairy Trade event on the 17th January the winners were Anhydrous Milk Fat and Rennet Casein and the looser were Butter Milk Powder. The over-all index went up 0.6 percent.
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Det genomsnittliga priset på de handlade produkterna steg med 4,5 procent. Ost steg med 11 procent och skummjölkspulver med nära 10 procent.
New governance principles to monitor GDT Events, the twice-monthly auction held by Global Dairy Trade, have been voted in by the GDT Events Oversight Board.
The new governance principles will enhance the Board’s monitoring and reporting, and is an important milestone on the journey to implement best practice governance of GDT Events.