A total of 19,500 metric tonnes (MT) of products were sold during the Global Dairy Trade (GDT) auction held on Tuesday, with supply ranging from 17,844 to 21,831 MT, according to data from the trading platform.
The average selling price for whole milk powder was $3,709 per MT, anhydrous milk fat averaged $7,602 per MT, and mozzarella and butter averaged at $4,208 per MT and $6,868 per MT, respectively.
Additionally, cheddar prices averaged $4,925 per MT, lactose averaged $1,450 per MT, and skim milk powder averaged at $3,409 per MT.