The latest GDT auction delivered a modest uptick in global dairy ingredient prices, with the overall GDT Price Index rising 0.7% compared to the prior event. Underpinning this movement was a weighted average price of USD 4,249 per tonne, indicating stable but firm global demand for dairy commodities .
Whole Milk Powder (WMP) prices accounted for much of the gain, climbing 2.1% to USD 4,012/t, reflecting tightening supplies in Oceania and continued interest from emerging markets. In contrast, Skim Milk Powder (SMP) registered a modest 0.4% increase, closing the event at USD 2,805/t, signaling cautious sentiment among buyers for lower-fat powders .
Meanwhile, AMP (Anhydrous Milk Fat) recorded a 1.2% rise to USD 7,081/t, while Butter futures slipped 3.8%, settling at USD 7,214/t — evidence of softer sentiment for high-fat spreads and fats storage pressures. Cheddar cheese prices also dipped slightly by 0.6%, pricing around USD 4,575/t .
A total of 37,040 tonnes of product exchanged hands, with Whole and Skim Milk Powder comprising the bulk of volumes sold across markets . This reinforces GDT’s role as a leading benchmark platform for transparent price discovery in international dairy trade.
Industry Insight: The modest rise in the GDT Price Index reflects a balanced market environment—tight WMP supply and resilient liquid dairy demand are counteracting a cooling butter/chessed segment. For stakeholders in the dairy sector—including exporters, cooperative collectives, and global traders—this data underscores the importance of monitoring powder availability and fat-market shifts in strategic planning.