Global Dairy Market Shows Signs of Firmness: GDT Rises by 4.6%
The latest Global Dairy Trade (GDT) auction brought positive news for the global dairy sector. The GDT price index registered a 4.6% increase compared to the previous auction, consolidating a positive trend in the market. The average winning price reached $4,516 per ton, reflecting sustained demand and renewed interest fr om international buyers.
During the auction, which lasted over three hours with 26 bidding rounds, a total of 16,714 tons of dairy products were sold. The estimated offer range was between 15,881 and 20,285 tons. The participation was significant, with 175 bidders registered, of which 101 managed to secure products. This suggests active competition on the platform.
The results reinforce the perception of a market that continues to regain dynamism, especially in a global context wh ere logistical and climatic challenges still affect production in various regions. The rise in the price index could be driven by a combination of factors, including lower supply from some key exporting regions, improved consumer confidence, and a rebound in demand in Asia.
The sustained increase in prices is particularly relevant for exporting countries like New Zealand, whose products dominate GDT sales, and for processing industries seeking signs of stability. It also marks a contrast with previous months of volatility, which could encourage investment decisions in production and infrastructure in the short term. In this scenario, upcoming GDT events will be closely watched as a key indicator of the international dairy market.
