Global Dairy Trade events

Updated 3 June 2020

Global Dairy Trade (GDT) events take place twice a month, trading dairy commodity ingredients. Here you will find key results from the latest event.

• The overall GDT Price Index rose by 0.1% from the previous event to $2,902 per tonne.
• 21,968 tonnes of product was sold, mostly WMP and SMP.
• Next auction: Tuesday 16 June 2020.

• GDT events are held on the first and third Tuesday of the month. 
• Six contract periods are made available which correspond to future delivery periods. 
• The % change refers to the change in GDT price indices between auctions, not changes in the average weighted price. This gives a more accurate reflection of price movements than using simple weighted average prices because it takes into account changes in available volumes.
• Average prices reflect the weighted average winning price in US dollars per tonne.
• Quantity sold is the total tonnage sold in a trading event across all products, contract periods and sellers.
• n.a. indicates no quantity was offered or sold in either the current event and/or in the prior two events.  It may also mean the prices published for individual products within a group were insufficient for the Price Index to be calculated.