GDT Auction down 2.8%
Posted on: 03/01/23
Todays auction fell a further 2.8% with all products recording price drops.
Todays quantity sold was an increased 33,478 tonnes (28,724 on 20/12) with the number of participating bidders down to 132 (149 on 20/12) however successful bidders who brought totalled 114 compared to 117 two weeks ago.
Notable price movements were:
SMP down 4.3% to average US $2838
Butter down 2.8% to average US $4479
Cheddar down 2.7% to average US $4690
WMP down 1.4% to average US $3208