by Freshagenda | Dec 6, 2023 | GDT, Global
Event #345 delivered an overall positive result with a 2% rise in the index. At 29,559t it was the lowest offering since July, despite a new product – mozzarella from Solarec. WMP prices rose 2.5% on average to US$3,104/t with greater interest from SE Asian...
by Freshagenda | Nov 29, 2023 | GDT, Global
Average WMP prices lifted slightly at Pulse event #38 to US$2,979/t, edging up 0.1% from GDT #344 and 0.8% higher than Pulse event #37. Meanwhile, medium heat SMP prices fell to US$2,515/t, down 1.2% from GDT event #344 and US$70/t lower than the previous Pulse event....
by Freshagenda | Nov 22, 2023 | GDT, Global
GDT event #344 yielded a flat index but the weight of the small gains in WMP drove that outcome to offset weaker NZ SMP prices and an ugly result in cheddar. SMP dropped 3.7% on average to US$2,622/t but the detail within that result wasn’t great for Oceania product,...
by Freshagenda | Nov 15, 2023 | GDT, Global
WMP prices rose to US$2,955/t at this week’s GDT Pulse event #37, up 1.7% from the latest GDT event #343 and 0.9% higher than the price achieved at the previous Pulse event. The nearest SGX-NZX WMP futures contract settled at US$2,960/t, US$5/t higher than yesterday’s...
by Freshagenda | Nov 8, 2023 | GDT, Global
Prices were down 0.7% at GDT event #343, breaking the run of four consecutive positive events. However, there are more positives than negatives to be taken from this event. The Pulse results since the last event and futures signalled a slide in WMP prices, which fell...
by Freshagenda | Nov 1, 2023 | GDT, Global
The gloss from the latest GDT event has worn off. GDT Pulse #36 saw prices fall for both WMP and SMP. WMP settled at US$2,930/t, down 2.8% from GDT event #342 and down 1.5% from the previous GDT Pulse event. The SGX-NZX WMP futures contract with November delivery...
