Dairy product prices rise for second time in 2016

Tue, 05 Apr 2016

By Margreet Dietz April 6 (BusinessDesk) - Dairy product prices rose, the second advance in the seven Global Dairy Trade auctions held so far in 2016. The GDT price index rose 2.1 percent. The average price slipped to US$2,188, down from US$2,190 at the previous auction three weeks ago. Some 22,682 tonnes of product was sold, up from 20,406 tonnes at the previous auction three weeks ago. Whole milk powder rose 1.5 percent to US$2,013 a tonne. “It was a pleasant surprise to see some prices lift on the GDT auction overnight as there...

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