The Global Dairy Trade (GDT) index has made nine consecutive rises in recent months, following the conclusion of its most recent auction.

The latest tender – event 233 – concluded earlier today, Tuesday, April 2, with the GDT price index up 0.8%.

Lasting two hours and 26 minutes, today’s auction saw 166 bidders participate across 15 rounds, with some 109 landing successful bids.

A total of 17,854MT of product was sold at today’s event.

Rennet Casein (RenCas) and butter, similar to the last event, saw the highest increases in index on the day, with rises of 7.5% and 5.8% respectively driving today’s positive figures.

Butter milk powder (BMP), anhydrous milk fat (AMF) and cheddar (Ched) also performed strongly, with increases of 5.0%, 3.7% and 3.2% respectively.

Countering this to some extent, however, was lactose (LAC) which dropped 5.3% in index.

Once again, an index for sweet whey powder (SWP) was not available at today’s auction.