Global Dairy Trade (GDT)

Location and Operations

Founded in 2008, Global Dairy Trade (GDT) is headquartered in New Zealand, a country renowned for its thriving dairy industry. Leveraging New Zealand's favorable climate and sustainable dairy practices, GDT plays a significant role in influencing the global dairy market.

Financial Indicators

Although GDT does not directly participate in dairy trading, it facilitates the transaction of approximately 1 million metric tons of dairy products each year. These transactions represent billions of dollars globally, with involvement from over 80 countries, emphasizing GDT's importance in the dairy trading ecosystem.

Significant Events

Since its establishment, GDT has been at the forefront of innovation and expansion in the dairy industry. In 2012, the company launched GDT Insight, a tool designed to provide critical data analytics for dairy trading decisions. Further expanding its service offerings, GDT introduced the GDT Marketplace in 2016, a flexible, 24/7 trading platform that extends beyond traditional auctions.

Company Plans

Looking forward, GDT aims to integrate advanced digital technologies to enhance user experience and transparency in trading. The company is exploring the use of blockchain technology to secure and streamline auction processes and plans to increase platform inclusivity by engaging more emerging markets, thereby diversifying its global trade network.

Recent Developments

Recent auctions conducted by GDT indicate stability in prices, reinforcing its role as a market stabilizer. Despite a general decline in global dairy prices over four consecutive sessions, mid-July auction results showed a 1.7% increase in whole milk powder and a 2.5% increase in skimmed milk powder prices. The latest auction reported a 0.7% rise in the price index, with whole milk powder reaching USD 4012 per metric tonne, supporting a robust dairy market.

Modified: 2025/09/22

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