New Zealand: GDT Index surprised once again in a positive

FXStreet – a 3.2 percent increase in the total index of the current auction at the International trading platform GlobalDairyTrade (GDT) in mid-may. In the Index a range of different dairy products is summarized. Thus, the Index in may was able to resume its uptrend.

The price of butter oil (AMF) increased compared to the previous Event, above the average of 8.2 percent. In the case of Butter, even an increase of 11.2 percent was reported for butter milk powder of 7.0 percent. The price for the extensive traded whole milk powder rose by 1.3 percent.

** FXStreet News Editorial, FXStreet**

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