Dairy commodity prices | GDT Rebounds: Milk Powder Sparks Global Dairy Momentum!
- ZISK
- Jul 17
- 1 min read
Strong Demand from Asia Lifts Prices After Two Months of Decline.
The Global Dairy Trade (GDT) price index has shown a significant turnaround, regaining momentum driven primarily by robust demand for milk powder. In the second July auction, the GDT index climbed by 1.1%, signaling a positive shift after two consecutive months of downward trends. This recovery is largely attributed to a notable 1.7% increase in whole milk powder prices and a substantial 2.5% rise in skim milk powder prices, providing a much-needed boost to dairy commodity markets.
According to Cristina Alvarado, head of dairy at NZX, the surge in purchasing power was predominantly from Southeast Asia/Oceania and North Asia. Southeast Asia/Oceania dramatically increased its share of GDT purchases by 25% to 34%, while North Asia accounted for an impressive 35% of total purchases. Specifically, North Asia was the leading buyer for whole milk powder and butter, whereas Southeast Asia/Oceania dominated purchases of skim milk powder, anhydrous milk fat, and cheddar. This regional demand highlights evolving global dairy trade dynamics.
July 16, 2025
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