The GDT index figure now stands at 1,336, a marginal increase on the 1,333 recorded on December 21 - but a little way off the 1,354 figure seen on December 7.
Of the six products offered yesterday (lactose and, as usual, sweet whey powder were not offered) four recorded increases in their respective sub-indices. The strongest performer was cheddar, which increased by 4.9% to $5,487/MT. Butter milk powder (BMP) and skim milk powder (SMP) both saw increases on 1%, to $3,654/MT and $3,773/MT respectively. Butter saw a marginal increase of 0.3%, to $5,868/MT. Anhydrous milk fat (AMF) was the only product to see a decrease in sub-index, reducing by 0.7% to $6,668/MT. Whole milk powder (WMP) was not recorded as having a percentage change either way, and its price decreased by just $1/MT to $3,866/MT. The key results from this event are summarised below:- AMF index down 0.7%, average price $6,668/MT;
- Butter index up 0.3%, average price $5,868/MT;
- BMP index up 1%, average price $3,654/MT;
- Cheddar index up 4.9%, average price $5,487/MT;
- SMP index up 1%, average price $3,773/MT;
- WMP index unchanged, average price $3,866/MT.