São Paulo, 7 – The GDT international dairy price index rose in an auction held this Tuesday, 7 on GlobalDairyTrade, a trading platform created by Fonterra, from New Zealand. The indicator advanced 1.4% compared to the previous auction, which took place on November 16th. The variation of the GDT index corresponds to the weighted average of the percentage price variations of all products.
The average price, including all products, was US$ 4,290 per ton. The average price of whole milk powder was US$ 4,008 a ton, and the index for the product increased by 0.6%.
The GDT index is considered a benchmark in the dairy market.
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