Dairy product prices rise as whole milk powder edges higher

Tue, 18 Dec 2018

By Margreet Dietz Dec. 19 (BusinessDesk) - Dairy product prices gained at the Global Dairy Trade auction, posting their second increase in a row. The GDT price index increased 1.7 percent from the previous auction two weeks ago. The average price was US$2,844 a tonne, compared with US$2,819 a tonne two weeks ago. Some 36,181 tonnes of product was sold, down from 36,450 tonnes two weeks ago. Whole milk powder inched 0.3 percent higher to US$2,674 a tonne. Higher volumes on offer compared with the previous event likely limited the ga...

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