GDT Auction more or less stand
Posted on: 04/07/19
Tuesday GDT Auction saw prices down by only 0.4% to average US $3302 tonne. Whilst technically this is the fourth consecutive auction fall, following a 3.8% drop only two weeks ago, it is viewed as more or less a stand on result.
Notable prices were:
SMP up + 3.2% to average $2430 tonne
WMP No Change to average $2969 tonne
Cheddar down - 1.5% to average $3756 tonne
Butter down - 4.8% to average $4339 tonne