by Freshagenda | Dec 5, 2024 | GDT, Global
The GDT Index delivered a small gain at event #369, +1.2% as the weight of WMP trades offset red ink across other major products and most contracts. WMP continued to push higher, averaging US$3,984/t up 4.1% on the prior GDT, with most contracts higher. SMP drifted...
by Freshagenda | Nov 28, 2024 | GDT, Global
The latest GDT Pulse event was a positive one for regular grade WMP lifting 2.9% to US$3,905/t from prices achieved at GDT #368 up 2.8% higher on the prior Pulse event. The nearest SGX-NZX futures contract settled at US$3,915/t prior to the event. Meanwhile, medium...
by Freshagenda | Nov 21, 2024 | GDT, Global
GDT event #368 was a great event for butter but across other products starting demand was generally a little weaker than average with the index increasing 1.9%. SMP price averaged US$2,882/t, up 1.1% on average, but with better NZ prices and weaker EU outcomes....
by Freshagenda | Nov 14, 2024 | GDT, Global
Both SMP and WMP powder prices achieved this week were the highest since the inception of Pulse auctions. Regular grade WMP prices settled at US$3,800/t, up US$135/t or 3.7% compared to C2 at GDT #367 and 5.3% higher than the previous Pulse event. The nearest SGX-NZX...
by Freshagenda | Nov 7, 2024 | GDT, Global
GDT event #367 produced a strong result. The 4.8% price index increase was the largest since August, with gains everywhere except Mozzarella and Lactose. SMP prices increased 3.8% on average to US$2,850/t after slipping at the previous two events, as demand started...
by Freshagenda | Oct 31, 2024 | GDT, Global
Both SMP and WMP prices, settled higher at this week’s Pulse auction. Regular grade WMP prices settled at US$3,610/t, up US$75/t from the prior Pulse event and 3.1% ahead of prices achieved at GDT #366. The nearest SGX-NZX futures prices settled at US$3,565/t. Medium...
