Global Dairy Trade (GDT) Overview
Location: Global Dairy Trade is strategically located in Auckland, New Zealand, a country known for its strong dairy production industry.
Financial Indicators
The latest Global Dairy Trade auction results showed a positive trend with a 4.6% increase in the price index, bringing it to 1,311. The average price per metric tonne currently stands at €3,794. However, the index has experienced volatility, as seen in a previous 1.6% decline.
Important Events
Notable recent events include the 384th GDT auction on July 15, 2025, which marked a recovery with a 1.1% increase in the Price Index after four consecutive declines. This followed a significant 6.9% drop, indicating substantial corrections in dairy product prices. A subsequent auction, the 385th on August 5, 2025, showed a slight 0.7% index increase, hinting at market stabilization. However, the latest event, number 387, recorded a 4.3% drop due to a surplus in supply over demand.
Company Plans
GDT is focused on enhancing its auction platform to improve transparency and efficiency in dairy trading. The organization aims to expand its services and explore innovative technologies, optimizing operations with advanced analytical tools. This strategy is designed to solidify GDT's position as the leading platform for dairy trade worldwide. The latest event observed participation from 166 entities, with 122 securing contracts, reflecting signs of market stabilization.
Leadership
In a significant development, GDT announced Lloyd Cartwright as its new Chief Executive Officer, ushering in a new era of leadership. Under his direction, GDT continues to influence international dairy pricing, impacting markets across Asia, including India.
Modified: 2025/10/09
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