Global Dairy Trade Event 393 Sees Significant Index Decline

The event attracted 146 participants, with 117 securing deals, suggesting steady yet cautious bidding activity. A total of 22 negotiation rounds were conducted over a span of 2 hours and 15 minutes, showcasing an intense, albeit restrained, trading pace compared to previous events.

The minimum offer volume was set at 33,466 tons, with a maximum possible of 40,668 tons, of which 34,282 tons were eventually sold. This balance between supply and demand illustrated a market in equilibrium, though buyers were less inclined to maintain high prices, leading to downward pressure on values.

Such outcomes leave several interpretations open for the near term, particularly regarding whether this is a temporary year-end adjustment or a more extended bearish phase. The event sends a signal of caution to exporters, industries, and analysts closely monitoring global dairy trade trends.