GDT Auction Result Jumped 4.8%
Posted on: 22/01/21
Prices at this weeks GDT Auction jumped for the fifth consecutive auction and adds the tally to 8 increases in the past 9 auctions.
This weeks jump of 4.8% compared to the first 2021 Auction only two weeks ago pushed the average all products price to US $3593 tonne for 29,606 tonnes sold.
Notable Price Movements were:
SMP up 7.0% to average US $3243 tonne
Butter up 4.6% to average US $4735 tonne
WMP up 2.2% to average US $3380 tonne