Quantity Sold at GDT Pulse Auction Exceeds 3,000 Metric Tonnes
MT Newswires Live
Jul 29
A total of 3,169 metric tonnes (MT) of products were sold during the Global Dairy Trade (GDT) Pulse auction held Tuesday, with supply ranging from 2,750 MT to 3,200 MT, according to data from the trading platform.
The average selling price for anhydrous milk fat was $6,534 per MT, butter averaged $5,265 per MT, and skim milk powder and whole milk powder averaged $3,150 per MT and $3,446 per MT, respectively.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.