GDT Auction Prices fall again for the 9th Consecutive time

Posted on: 02/10/18

Todays GDT Auction has fallen for the 9th Consecutive time and everyone hopes it turns the corner soon.

Total quantity sold today 41,981 tonnes to average US $2901 tonne (-1.9%)

Notable prices at today’s auction were:

Butter down      5.9% to average US $4016 tonne
WMP down       1.2% to average US $2753 tonne
Cheddar down   1.2% to average US $3468 tonne
SMP down        0.3% to average US $1982 tonne