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Butter

Results from the latest Trading Event

Event 204

/

16 January

2018

Change in GDT Price Index from previous event

+ 8.8 %

Average price (USD/MT, FAS)

$ 4,897

Butter Prices

21 Feb '17
21 Mar '17
18 Apr '17
16 May '17
20 Jun '17
18 Jul '17
15 Aug '17
19 Sep '17
17 Oct '17
21 Nov '17
19 Dec '17
16 Jan '18
4,250
4,500
4,750
5,000
5,250
5,500
5,750
6,000
6,250
21 Feb '17
21 Mar '17
18 Apr '17
16 May '17
20 Jun '17
18 Jul '17
15 Aug '17
19 Sep '17
17 Oct '17
21 Nov '17
19 Dec '17
16 Jan '18
USD/MT, FAS

Changes in Butter Price Index

Contract 1

Feb18

Contract 2

Mar18

Contract 3

Apr18

Contract 4

May18

Contract 5

Jun18

Contract 6

Jul18

Change in Butter Price Index
from previous event
+10.8%+8.5%+9.1%+8.7%+8.2%n.a.

A change in GDT Price Index is shown if there is a price available for the last event AND for at least one of the two previous events. “n.a.” means that no product was offered or sold, or no price was published for the last event, or on both of the two previous events.

Winning Prices (USD/MT, FAS)

Contract 1

Feb18

Contract 2

Mar18

Contract 3

Apr18

Contract 4

May18

Contract 5

Jun18

Contract 6

Jul18

Fonterra

Salted 25kg - NZn.s.$4,910$4,915$4,910$4,895-  
Unsalted 25kg - NZ$5,025$4,870$4,915$4,870$4,855-  
Average Price
(USD / MT, FAS)
$5,025$4,878$4,915$4,888$4,857n.a.

' – ' means that the product was not offered.
‘n.s.’ (not sold) means that no product was sold.
‘n.p.’ (not published) means that the winning price was assessed as being non-market determined, and therefore GDT Events cannot publish the winning price. A Winning Price is assessed as being non-market determined in any circumstance where bidding demand during the Trading Event was insufficient to cause the Product’s Announced Price to increase above its Starting Price. Conversely, a Winning Price is assessed as being ‘market determined’ in any circumstance where bidding demand was sufficient to cause an increase in Announced Price, irrespective of whether bidding demand was or was not sufficient to result in the Announced Price becoming the Winning Price at the close of the Trading Event.
'n.a.' for the Average Winning Price means that no prices were available for that contract period (for the reasons above), and therefore no average price was applicable.

To view the production information files of the products listed above, please go to the sellers and products page http://www.globaldairytrade.info/en/gdt-events/gdt-events-sellers-and-products/

Explanatory Notes

All information published on this page may be reproduced provided the user acknowledges Global Dairy Trade as the source.

Average winning price is the quantity-weighted average of winning prices at the Trading Event.  “n.a.” for the winning price means that no prices were available for that contract period (for the reasons above), and therefore no average price was applicable.

“n.a.” for the percentage change in GDT Price Index means that no product was offered or sold, or no price was published for the last event, or on both of the two previous events.  I.e. a change in GDT Price Index is only shown if there is a price available for the last event AND for at least one of the two previous events.

For more information on the GDT Price Indices, click here.

NZ: New Zealand, AU: Australia, US: United States, IN: India, EU: Europe, DE: Germany, PL: Poland, SE: Sweden, UK: United Kingdom, DK: Denmark

GDT Marketplace Key Metrics 31 December 2017

Registered buyers: 263
Registered sellers: 13
Completed listings: 4136
December listings: 293
Fixed price listings: 56% (tenders 44%)
Products: AMF, BMP, Butter, Butter Oil, Casein, Caseinate, Cheddar, MPC, Organics,
Powder Blends, SMP, Whey Powder, WMP, WPC & more
Source regions: EU, USA, NZ, Australia, Singapore

MP

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