Global Dairy Trade (GDT)
Location
Global Dairy Trade is strategically located in Auckland, New Zealand, a nation acclaimed for its robust dairy production industry.
Financial Indicators
The latest Global Dairy Trade auction showed a positive trend with the price index rising by 4.6%, bringing the current index to 1,311. The average price per metric tonne stands at €3,794. Previously, the GDT index faced a 1.6% decline, indicating some market volatility.
Important Events
The 384th GDT auction, held on July 15, 2025, marked a pivotal moment with a 1.1% increase in the Price Index, reversing four consecutive decline sessions. This recovery followed a significant 6.9% drop in the overall index, highlighting substantial price corrections in key dairy products. The subsequent 385th auction on August 5, 2025, concluded with a slight 0.7% index increase, suggesting market stabilization after weeks of mixed movements. The latest GDT event, number 387, recorded a 4.3% drop, indicating a surplus in supply over demand.
Company Plans
GDT aims to enhance its auction platform to improve transparency and efficiency in dairy trading. The organization plans to expand its services and explore innovative technologies, optimizing operations with advanced analytical tools for market participants. This strategic direction is set to solidify GDT's position as the leading platform for dairy trade worldwide. The latest event saw participation from 166 entities, with 122 securing contracts, reflecting signs of market stabilization.
Leadership
In a significant development, GDT announced the appointment of Lloyd Cartwright as its new Chief Executive Officer, marking the beginning of a new leadership chapter. Under his leadership, GDT continues to play a vital role in international dairy pricing, influencing markets across Asia, including India.
Modified: 2025/09/18
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