GDT clocks up its 10th consecutive fall

Yesterday’s GDT recorded its 10^th consecutive average price fall all though this latest fall was only slight at -0.3% with the all products average price falling from US$2901 tonne to US$2885 tonne, the lowest average price recorded since October 2016.

Notable movers were:-

Cheddar                        down 1.8% to average   US$3404 tonne
WMP                            down 0.9% to average   US$2729 tonne
SMP                             no change                     US$1977 tonne
Butter                           + 2.4% to average         US$4114 tonne