Global Dairy Trade (GDT) Events

Published 7 May 19

Auction summary for 7 May 2019:

The overall GDT Price Index rose by 0.4% to $3,490 per tonne at the latest auction. WMP makes up just over half of the product sold, while SMP accounts for about a quarter.

The next auction is due to take place on Tuesday 21 May 2019.    

  Change in GDT Price Index Average weighted price US$/tonne
All products 0.4% 3,490
WMP -0.5% 3,249
SMP 2.8% 2,521
Butter 0.0% 5,486
AMF 1.4% 6,217
Cheddar -2.4% 4,217
SWP n.a n.a

   Notes: Source: GDT 

GDT Events graph 

 

GDT Event auctions are held twice a month, trading dairy commodity ingredients. To find out how the bidding works, take a look at GDT’s frequently asked questions. This page provides key results from the latest event:

  • Change in GDT Price Indices – these are weighted averages of the % change in prices between auctions. They give a more accurate reflection of price movements than using simple weighted average prices. More information can be found on the GDT website.
  • Average prices – the weighted average winning prices in US dollars per tonne.
  • Quantity sold – the total quantity sold in a Trading Event across all products, contract periods and sellers.

Six contract periods are made available, corresponding to future delivery periods. To download additional data for the contract periods, click here.

 “n.a.” indicates no quantity was offered or sold in either the current event and/or in the prior two events or that the prices published for individual products within a group were insufficient for the Price Index to be calculated