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Global Dairy Trade Index Falls Below Market Expectations
The Global Dairy Trade (GDT) index dropped by 4.3% on September 2, clearing at $4,043/MT, from $4,291 on August 19.
The total volume sold increased from the previous event to 41,465 metric tons (MT), despite fewer participating bidders. Lactose was once again not offered at the event. Prices for the products were all down but for cheddar, which rose by 3.6% to $4,709/MT. It is the first increase in cheddar since June.
Butter milk powder fell by 6.3% to $2,868 MT from...
Global Dairy Trade Index Clears at $4,291 on August 19
The Global Dairy Trade (GDT) index edged down by 0.3% on August 19, clearing at $4,291/MT.
The total volume sold fell to around 36,553 metric tons (MT) from 37,040 MT sold on August 5, with around 160 participating bidders.
Lactose was again not offered at the event, and butter milk powder was not assessed. In the previous event, butter milk powder had fallen by 2.0% to $3,050/MT.
Price changes were mixed across the products. Mozzarella led losses, falling by 2.7% to...
Tariff Talks 2025: Expana's Weekly Rundown #17
Expana’s global team of specialist reporters has been tracking every twist and turn in the fluid tariff situation.
Click to read "Tariff Talks 2025: Expana's Weekly Rundown #17."
This report allows the Expana community to see where key commodity markets stand as of this past week... Click the above PDF report, or keep scrolling to read in plain text...
This week, reciprocal tariffs were re-announced in the form of letters from the US Trump administration to trading partners who could not reach a trade deal within the previously granted 90-day pause...
Tariff Talks 2025: Expana's Weekly Rundown #12
Click to read "Tariff Talks 2025: Expana's Weekly Rundown #12."
Tariff Talks 2025: Expana's Weekly Rundown #10
Click to read "Tariff Talks 2025: Expana's Weekly Rundown #10."
Tariff Talks 2025: Expana's Weekly Rundown #6
Click to read "Tariff Talks 2025: Expana's Weekly Rundown #6."
Puratos Group Opens Margarine Factory in Serbia
Puratos Group has opened a new production facility in Kragujevac, in the centre of Serbia. The factory required an investment of around €7 million, the Belgian bakery products producer announced.
It will produce margarine and powdered products, the company said.
Puratos Group started operating in Serbia approximately 30 years ago. The new factory adds 15 jobs in the region, Aleksandar Davidovic, Honorary Representative to the Kingdom of Belgium at the Chamber of Commerce and Industry of Serbia, said.
The new factory will use HDPE blue foil to pack its margarine...
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