Global Dairy Trade (GDT)
Global Dairy Trade (GDT) is a crucial platform facilitating the international trading of dairy products. It has a significant role in setting global benchmark prices for various dairy commodities, impacting both producers and buyers worldwide.
Location and Operations
Headquartered in Auckland, New Zealand, GDT provides an online auction platform that connects buyers and sellers of bulk dairy commodities across the world. The location in New Zealand, a major dairy-producing nation, strategically places GDT in a key position to influence international dairy markets.
Company's Financial Indicators
As an auction platform, GDT's financial health is often gauged through its auction results, which reflect prevailing market dynamics. The recent GDT auction highlighted a decrease in their Index by 2.8%, indicating lower global prices for most dairy products. This decline impacts the financial planning of dairy producers as well as traders. However, the exception was lactose, which maintained its price levels.
Important Company Events
The latest GDT auction, a major event for the company and its market, showed a downturn across all dairy product categories with the notable exception of lactose. This outcome is significant as it highlights changing market demands and pricing pressures in the global dairy industry. Regular auctions by GDT are critical events that help market players make informed decisions based on real-time data.
Company Plans
GDT continually seeks to enhance its platform to offer more transparency and efficiency in the dairy trading process. The organization aims to expand its offering and access to wider global markets, ensuring robust participation that accurately reflects dairy market conditions. These plans include investment in technology to improve auction processes and new product inclusions to align with demand dynamics.
Sources: GDT Official Site, Industry Analysis Reports
Modified: 2025/05/18