Wednesday, 02 December 2020 08:36

Whole milk powder prices rise 5%

Written by Sudesh Kissun

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Whole milk powder prices jumped 5%.

Whole milk powder prices have recorded their biggest jump in five months in the overnight Global Dairy Trade (GDT) auction.

WMP prices rose 5% to US$3182/metric tonne. It is now sitting close to its year high price of US$3233/MT achieved in January this year.

The biggest jump in WMP price this year was achieved in July - by a whopping 14%.

The overnight GDT price index rose 4.3% compared to the previous auction.

Key Results

AMF index up 2.6%, average price US$4,278/MT
Butter index up 3.8%, average price US$3,986/MT
BMP index up 1.3%, average price US$2,731/MT
Ched index up 2.4%, average price US$3,734/MT
LAC index up 13.5%, average price US$1,004/MT
SMP index up 3.6%, average price US$2,889/MT
SWP index not available, average price not available
WMP index up 5.0%, average price US$3,182/MT

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