SPM price at Global Dairy Trade increased by 8.4%

Published 2020년 9월 16일

Tridge summary

The weighted average price for dairy products at the Global Dairy Trade auction was 3.092 USD / kg. A total of 33,791 tons of dairy products were sold, with 1.8 thousand tons less than the previous auction. The auction had 177 bidders. The price of butter and lactose decreased at the auction, while the price of SPM, SNM, cheddar, and dehydrated milk fat increased. The next Global Dairy Trade auction is scheduled for October 6, 2020.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The weighted average price for dairy products at 268 GDT auctions was 3.092 USD / kg. A total of 33,791 tons of dairy products were sold at the auction, 1.8 thousand tons less than at the previous auction. The number of bidders was 177. The price of butter continued to decrease at the auction (-1.4%), and the price of lactose also decreased (-2.7%). The price of SPM (+ 8.4%) continued to grow, as did the ...
Source: MilkUA

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