2 Jan 2023- GDT auction with an average of -0.1% to the pre-auction

  1. GDT Auction in Jan 2023: -0.1%

The second Jan 2023 Global Dairy Trade (GDT) auction slightly continues the previous downward trend of the pre-auction and returns -0.1% on average. Both milk fats contributed to the price reduction. The auction volume of around 31,872 t was repeatedly large. Whole milk powder (VMP) (approx. 50%...