Session 401 of the Global Dairy Trade (GDT) saw a decline in international prices, with the overall index falling by 3.4% compared to the previous session.
This result reflects a correction in global market dynamics following the fluctuations observed in recent auctions and once again shifts the focus to the evolution of international demand for dairy products.
In terms of value, the average winning price stood at USD 4,228 per metric ton, setting the benchmark for the day across the various commodities traded. The auction saw participation from 160 bidders, 112 of whom were successful, indicating a solid level of commercial interest despite the decline in the index.
The auction unfolded over 13 bidding rounds and lasted a total of 2 hours and 6 minutes, confirming a dynamic and competitive event. Regarding available supply, the volume ranged from a minimum of 15,546 metric tons to a maximum of 20,172 metric tons, providing sufficient scope to meet participants’ demand.
Finally, total sales volume reached 16,497 metric tons, setting a new benchmark for the international dairy market. The results of this session will be closely monitored by producers, exporters, and processors, given their impact on price expectations and business planning in the major exporting regions.
