Wednesday, 08 December 2021 07:58

WMP prices break US$4000/MT mark

Written by Sudesh Kissun

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The WMP price has broken the $4000/metric tonne mark for the first time in six months.

Whole milk powder (WMP) prices have broken the US$4000/metric tonne mark for the first time in six months.

In the overnight Global Dairy Trade (GDT) auction, WMP prices rose 0.6% to $4008/MT.

WMP prices have never floated above the $4000/MT mark in the last five years- bar three months earlier this year. In March this year, prices shot up a whopping 21% to $4364/MT before settling below $4000 by mid-June.

All products offered on GDT auction overnight recorded price increases. The GDT price index rose 1.4%.

Key Results

AMF index up 3.0%, average price US$6,668/MT
Butter index up 4.6%, average price US$5,791/MT
BMP index up 2.9%, average price US$3,620/MT
Ched index up 1.0%, average price US$5,220/MT
LAC index up 3.5%, average price US$1,339/MT
SMP index up 1.3%, average price US$3,721/MT
SWP index not available, average price not available
WMP index up 0.6%, average price US$4,008/MT

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WMP prices break US$4000/MT mark

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