by Freshagenda | Mar 20, 2025 | GDT, Global
GDT event #376 event delivered a flat result and was mostly negative for NZ product prices while EU product continued to push higher, as butterfat remained tight in that market. NZ SMP followed the form of last week’s Pulse to more than reverse the gains from #375....
by Freshagenda | Mar 13, 2025 | GDT, Global
Regular grade WMP and medium heat SMP prices moved in different directions at this week’s Pulse event. Regular grade WMP prices settled at US$3,975/t—unchanged from the GDT #375 and up 0.4% from the prior Pulse event. The nearest SGX-NZX futures contract settled...
by Freshagenda | Mar 6, 2025 | GDT, Global
The weight of WMP in the product mix shaved 0.5% off the index at event #375, despite generally positive price movements. The average SMP price declined 0.4% to US$2,744/t with mixed prices across contract periods. China and SE Asian buyers backed off as European...
by Freshagenda | Feb 27, 2025 | GDT, Global
Both regular grade WMP and medium heat SMP prices declined at the latest GDT Pulse event. WMP prices settled at US$3,960/t, down 3.6% from GDT #374 and 3.5% lower than prices achieved at the previous Pulse event. The nearest SGX-NZX WMP futures contract for March,...
by Freshagenda | Feb 20, 2025 | GDT, Global
There was a mixed set of results in event #374 which shaved 0.6% off the overall price index. SMP lost 2.9% on average to US$2,754/t with falls across all contracts. The outcome was expected with New Zealand’s unsustainable premium and the weaker market sentiment in...
by Freshagenda | Feb 13, 2025 | GDT, Global
Prices were mixed at the latest GDT Pulse auction compared to last week’s GDT event. Regular grade WMP settled at US$4,105/t—unchanged from GDT #373 and 2.4% higher than the prior Pulse event. The nearest SGX-NZX futures price contract settled slightly higher at...
