Pulse Prices Mixed

Pulse Prices Mixed

This week’s GDT Pulse event was mixed for powders and fats. The average WMP price settled at US$3,410/t, rising +0.6% from last week’s GDT #407 but -2.2% lower than the previous Pulse event. SMP averaged US$3,120/t, rising +0.6% on prices achieved at GDT #407 and...
Pulse Prices Mixed

Weaker GDT Demand Drags Down Index

GDT #407 was another event with softer demand from North Asia and stronger Southeast Asia buying. However, any lift in demand was offset by seasonally higher product on offer. The index declined 4.9%, down for a third consecutive auction. Fonterra C2 Regular WMP fell...
Pulse Prices Mixed

Powders Decline at Pulse Event

Powders eased further at this week’s Pulse event with another correction for SMP and WMP. The NZ regular WMP C2 price settled at US$3,485/t, -0.4% lower than last week’s Pulse event. Instant WMP was flat, settling at US$3,595/t. SMP prices declined. NZ Medium Heat C2...
Pulse Prices Mixed

Powder Prices Decline

This week’s Pulse event brought another price correction for SMP, WMP and AMF. GDT unable to publish a settle price for butter as the winning price was assessed as being non-market determined. The NZ regular WMP C2 price settled at US$3,500/t, down 1.4% from GDT #406...
Pulse Prices Mixed

GDT Index Declines

Event #406 delivered another weaker outcome with price declines across all major products as demand, especially from North Asia (China), remains soft. The index decreased 2.8%. Fonterra C2 Regular WMP dipped 4.1% to US$3,550/t — just US$5/t lower than the price...
Pulse Prices Mixed

Powders Dip at Pulse Auction

Price signals at this week’s GDT Pulse event converged, with powders easing lower while fats held steady to firmer. NZ regular WMP C2 settled at US$3,555/t, down 3.9% from GDT #405 and –3.8% lower than the prior Pulse event. NZ instant WMP C2 settled at US$3,650/t,...