Global Dairy Trade (GDT)
Location: Auckland, New Zealand
Overview
Global Dairy Trade (GDT) serves as a critical platform in the international dairy market, allowing for the efficient trading of dairy products. It is strategically located in Auckland, New Zealand, a region synonymous with a robust dairy production industry. Through its auction mechanism, GDT enables global dairy buyers and sellers to discover prices and trade effectively.
Financial Indicators
In the latest GDT auction, the price index rose by 4.6%, signaling a positive trend in the dairy market. This increase is particularly important as it reflects the intricate dynamics of global dairy supply and demand, impacting dairy product pricing on an international scale. However, it is crucial to note that the GDT index also experienced a consecutive decline with a 1.6% drop previously, indicating some volatility in the market. The current index is positioned at 1,311, with an average price of €3,794 per metric tonne.
Important Events
A significant recent event for GDT was the latest auction, which registered a 4.6% increase in the price index. These auctions are vital for global buyers and sellers, providing essential insights into market trends and guiding strategic decision-making. The positive result from the latest auction suggests an upward trend in the global dairy market, highlighting strong demand for dairy products. However, with the index having fallen in six out of the last 12 auctions, there is an indication of potential ongoing volatility in the dairy market.
Company Plans
As a key player in the global dairy market, Global Dairy Trade plans to continue enhancing its auction platform to boost transparency and efficiency in dairy trading. The organization aims to expand its services and explore innovative technologies that could optimize operations and offer more advanced analytical tools for market participants. This strategic approach is designed to solidify GDT's position as the preeminent platform for dairy trade worldwide. The auction also plays a significant role in influencing the New Zealand dairy market, as evidenced by its impact at the start of the 2026 New Zealand dairy season.
Modified: 2025/05/17