Global Dairy Trade Index Rises Amid Market Caution

The product breakdown shows mixed dynamics across key dairy categories. Butter recorded one of the strongest gains, rising by 2.5% to $5,674 per tonne, while mozzarella increased by 2.9% to $4,127 per tonne. Whole milk powder also posted growth, adding 1.2% to reach $3,772 per tonne. Skim milk powder remained almost unchanged, increasing by only 0.2% to $3,552 per tonne.

At the same time, several products showed weaker dynamics. Anhydrous milk fat declined by 1.6% to $6,344 per tonne, while cheddar fell by 1.3% to $4,560 per tonne. Lactose increased slightly by 0.5% to $1,529 per tonne. No price data was available for buttermilk powder at this event.

The GDT price index, a critical measure for global dairy prices, showed a positive trend. However, the underlying data suggests that participants in the market are still wary, as evidenced by limited trading volumes and reserved purchasing patterns.

Market analysts note that while the price index increase is a positive sign, it does not necessarily indicate a stable recovery. Demand for certain dairy products remains inconsistent, and external economic factors continue to influence buyer confidence.

The strongest price growth in mozzarella and butter may indicate more active demand in the cheese and fat segments, while the decline in anhydrous milk fat and cheddar shows that buyers remain selective. The minimal increase in skim milk powder also points to a lack of strong momentum in the ingredients segment.