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The GDT price index rose 1.2% at the latest auction, below futures estimates, with AMF, butter and WMP gaining and cheddar falling most. North Asian buying, including China, was weaker than a year earlier, while US spot dairy was mixed, with cheese buyers holding off below $1.50.
Weak North Asian demand and cheese sell-side pressure limit dairy price gains, though firming butter and WMP offer some support.
stonex.comDairy Team2024年1月3日在过去 18 次中性的贸易事件之后，牛奶(III类) 在 5 个交易日内中位数变动 -0.4%（39% 上涨；中间一半区间为 -2.9% 至 +1.1%），20 个交易日内为 -3.0%。
各商品基准价相对事件前最后收盘价的变动。历史数据汇总同类过往事件；仅描述已发生的情况，不代表未来走势。不构成投资建议。
The GDT rise came in below futures estimates, North Asian and Chinese buying was weaker than a year earlier, and US cheese buyers held off below $1.50, all of which point to soft demand and bearish sentiment just before the drop.
