Global Dairy Trade (GDT)
Global Dairy Trade (GDT) is a prominent organization in the dairy industry, known for its influential role in the global dairy market. Strategically located in Auckland, New Zealand, a country renowned for its robust dairy production, GDT serves as a major platform for dairy trade worldwide.
Financial Indicators
The latest auction results from Global Dairy Trade indicate a 4.6% increase in the price index, bringing it to 1,311, with the average price per metric tonne standing at €3,794. Despite this positive trend, the index has shown volatility, as evidenced by a previous 1.6% decline.
Important Events
GDT has experienced several notable events recently. The 384th auction on July 15, 2025, marked a recovery with a 1.1% increase in the Price Index following four consecutive declines. This was after a significant 6.9% drop, indicating considerable corrections in dairy product prices. The subsequent 385th auction on August 5, 2025, showed a slight 0.7% index increase, suggesting market stabilization. However, the latest event, number 387, recorded a 4.3% drop due to an excess of supply over demand. Despite these fluctuations, participation remains strong, with 166 entities involved and 122 securing contracts.
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.
Leadership
In a significant move, GDT appointed Lloyd Cartwright as its new Chief Executive Officer, marking a new era of leadership. Under his direction, GDT continues to influence international dairy pricing, impacting markets across Asia, including India. The organization holds auctions twice monthly, which are pivotal for the dairy industry.
Modified: 2025/10/31
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