by Freshagenda | Jan 24, 2024 | GDT, Global
WMP eased slightly at this week’s Pulse auction to average US$3,263/t. Regular grade WMP was down US$20/t at the Pulse auction compared to last week’s GDT event to settle at US$3,250/t, US$40/t higher than the prior Pulse auction. The nearest SGX-NZX WMP futures...
by Freshagenda | Jan 17, 2024 | GDT, Global
GDT event #348 resulted in price increases across the commodity board with the exception of new kid on the block mozzarella. WMP prices rose 1.9% to average US$3,353/t, with good involvement from Middle Eastern buyers. SMP prices rose 1% to US$2,638/t following price...
by Freshagenda | Dec 13, 2023 | GDT, Global
Regular grade WMP prices rose to US$3,100/t at GDT Pulse event #39 up 2.0% from the C2 WMP price achieved at GDT #345 and 4.4% higher than Pulse event #38. The December SGX-NZX futures contract settled lower at US$3,045/t. Meanwhile, medium heat SMP prices settled at...
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,...
