Fear and Volatility: GDT Pulse Auction Sends Shockwaves through Milk Powder Markets
The Global Dairy Trade (GDT) Pulse auction witnessed a subpar performance, causing concerns in the milk powder markets. Additionally, China’s trade data for the month revealed disappointing figures, further contributing to market unease. The GDT introduced skim milk powder (SMP) to its Pulse auction, with SMP values experiencing stabilization in September and a robust recovery …
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