The Global Dairy Trade price index for dairy products increased by 2.2%

Published 2020년 10월 8일

Tridge summary

The 269th GDT dairy auction saw a weighted average price of 3,143 USD / kg, which rose by 6.3% to 245.56 rubles / kg in Russian currency due to the depreciation of the ruble against the dollar. This represents a 14.9% increase from October 2019's starting prices. The auction sold 35,090 tons of dairy products, an increase of 1.3 thousand tons from the previous auction, with 190 bidders participating. Prices increased for butter and dehydrated milk fat, while cheddar, buttermilk, and whole milk powder also saw slight price increases. Conversely, the prices for skimmed milk powder and lactose decreased.

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 the 269th GDT auction was 3,143 USD / kg. Taking into account the weakening of the ruble against the dollar compared to previous trading, the weighted average price of dairy products in the Russian currency increased by 6.3% to 245.56 rubles / kg, which is 14.9% higher than at the beginning of October 2019. In total, 35,090 tons of dairy products were sold at the auction, which is 1.3 thousand tons more than at the previous auction. Number of bidders -190. At the auction, the price increased for butter (+ 8.4%) and dehydrated milk fat (+ 5.4%). The price of cheddar (+ 0.4%), buttermilk (+ 9.1%) ...

Source: Dairy