Oct 2-23 GDT auction with repeated +4.3%

  1. GDT auction in Oct. 2023: +4.3%

The second October 2023 auction of Global Dairy Trade (GDT) continued the price rise of the previous auctions with an average of +4.3%. The big winner was butterfat with +7.1%. But the two milk powders have also increased significantly again. Rising Chinese demand is the deciding factor. At 35,794 t, the auction...