Global Dairy Trade Index Extends Gains by 0.7% on August 5
The Global Dairy Trade (GDT) index rose for the second time this summer, edging up for the second consecutive week to $4,380/MT on August 5. I was up by 0.7% compared to $4,380/MT on the previous index on July 15.
The total volume sold rose to around 37,040 metric tons (MT) from 24,290 MT sold on July 15, despite fewer participating bidders.
Price changes were mixed across the products. The prices for whole and skim milk powder both extended gains on this event...
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