GDT index fall for the third consecutive auction
Posted on: 23/03/18
This week’s GDT auction saw the average price fall 1.2% to average US$3632 tonne. Note, the quantity on offer was down 3.4% to 18,635 tonnes.
Key price movements were:
SMP down 8.6% to average US$1887 tonne
Cheddar down 3.9% to average US$3609 tonne
Butter no change average US$5281 tonne
WMP up 0.1% to average US$ 3226 tonne