Global Dairy Trade Event Reports 3% Decline in Price Index
The auction took place over 16 bidding rounds, which is typical for these events and suggests active negotiations between buyers and sellers. The session lasted 1 hour and 54 minutes, during which prices were adjusted progressively. The supply range for this event was between 35,450 MT and 42,557 MT, essential for price understanding as increased availability can often lead to lower market values.
Ultimately, the total quantity sold reached 38,612 MT, fitting within the expected supply range and indicating sustained market activity despite the overall index decline. These results from GDT Event 392 provide a snapshot of the global dairy trade, highlighting interactions between supply, demand, and pricing in the international market.








