The price index for dairy products at the auction of Global Dairy Trade decreased by 0.1%

Источник: The DairyNews
The 282nd auction of GDT (Global Dairy Trade) of April 20, 2021 ended with a slight decline. The price index for dairy products decreased by 0.1%, prices for butter and dehydrated milk fat decreased, prices for milk powder are stable.




The weighted average price for dairy products at the 282nd auction of GDT was 4,110 USD / kg. Taking into account the strengthening of the ruble against the dollar compared to the previous auction, the weighted average price of dairy products in the Russian currency increased by 0.24% to 313.4 rubles/kg, which is 48% higher than in April 2020.

In total, 25,040 tons of dairy products were sold at the auction, 64 tons less than at the previous auction. The number of bidders is 157.

   



The next auction of Global Dairy Trade will take place on May 4, 2021.

At the auction, prices for butter (-0.6%), dehydrated milk fat (-3.3%) and lactose (-3.4%) decreased, prices for cheddar (+1.2%) and whole milk powder (+0.4%) increased
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