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GDT EVENT 221/02.10.2018

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GDT EVENT 221 / 02.10.2018
The current 221 session on GDT once again ended with a decreased price index of 1.9%. The majority of dairy products noted a drop in prices, only three products recorded an increase: buttermilk, casein and lactose.
Buttermilk increased the most, by 3.6% to 2522 USD / MT.
The price of casein increased by 3.0% to 5552 USD / MT, while lactose increased by 0.6% to 913 USD / MT. The largest decrease of 5.9% was recorded for butter and its price was 4016 USD / MT. Another product, which recorded a large drop in prices by 4.4%, was anhydrous milk fat and obtained the price of 5069 913 USD / MT. The biggest sale was recorded for whole milk powder, whose index fell during this session by 1.2% to reach the level of 2753 USD / MT. During 221 sessions, the same as during the previous whey powder did not find buyers.
221 sessions gathered only 170 buyers, of which 143 made purchases. The session took 15 rounds and lasted over two hours. During this session 41 981 MT of Goods have been sold.

GDT EVENT 220/18.09.2018

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Today’s 220 session on GDT resulted in a drop in prices, which consequently led to a 1.3% drop of the index. The biggest decrease – by 3.5% – was noted for cheddar cheese, which price decreased to 3503 USD / MT. The second – in terms of volume drop by 1.8% – noted full milk powder, which price amounted to 2768 USD / MT. The price of Skimmed Milk in Powder also fell by 1.1% to USD 1980 / MT. The price of lactose decreased by 0.3% and AMF by 0.6%. One product recorded a price increase and it was rennet casein, which price increased by 1.7% and amounted to 5421 USD / MT. During the last session buttermilk powder was not offered. This is the next session during which the general stock exchange index has been reduced.
220 sessions gathered 179 buyers, of which 149 made a purchase. The session took 15 rounds and sold as much as 39 143 tons of products listed on GDT. On the day of the 220 GDT quotations, 503 buyers from all over the world were registered, 38 fewer than during the previous session.

GDT EVENT 219/04.09.2018

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219 session on GDT brought the fourth in a row  drop in prices. The index fell by 0.7%. The biggest decrease – by 2.8% – was again noted in butter, which was purchased by 4271 USD / MT. A large drop was recorded on Full Cream Milk Powder by 2.2%, and this is the product mostly sold to GDT, its price had a very significant impact on the overall index. Whole Milk Powder reached the average price of 2821 USD / MT. Lactose also dropped by 0.5% although at the previous session it reached one of the highest prices in the last four years. 1000 USD is a price barrier that has never been exceeded in these four years. The price during 219 sessions for lactose was 917 USD / MT. Other products recorded a price increase. The biggest increase was recorded on the Cheddar cheese by 4.2%, the price increased to 3631 USD / MT, and a high increase was also recorded for Casein by 3.7% to the level of 5326 USD / MT. A large increase in prices was also recorded for Skimmed Milk Powder by 2.2%, and its price went up to 2005 USD / MT – this means the price changed by USD 54/MT compared to the previous session. Small increases were noted for AMF and Buttermilk Powder by 0.2 and 0.1% respectively. At this session, whey did not find buyers.

219 sessions attracted as many as 178 buyers and 126 purchases. The session took 19 rounds and lasted almost three hours. A total of 38 811 tonnes of products listed on GDT were sold. On 219 quotations on GDT, 541 buyers from all over the world were registered.

GDT EVENT 218/21.08.2018

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218 session on GDT brought a very large drop in prices. The index has dropped by 3.6%. The biggest decrease, by 8.5%, was recorded for butter, which price was at 4392 USD / MT. This is a price lower than the prices expected for butter in Poland by about 2,000 euro / ton. A large decrease by 6.9% was recorded at AMF. Its price was 5321 USD / MT. The price of cheddar cheese fell to 4.784 USD / MT by 4.7%. The price of whole milk powder fell to 2.183% to the level of 2883 USD / MT. Skimmed milk powder also recorded a decrease of 1.3% to 1951 USD / MT. In this case, the prices for the European product are balanced against the largest seller on GDT – Fonterra. The prices of two products increased: lactose to USD 914 and casein by 2.8% to USD 5,138 / MT.
The 218 session gathered as many as 158 buyers, much less than during the previous session, while the same number of purchases – 126. The session had 13 rounds and lasted less than two hours. A total of 32 041 tonnes of products listed on GDT were sold. On 218 quotations on the GDT, 534 buyers from all over the world were registered by 5 more than during the previous session.

GDT EVENT 217/07.08.2018

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217 session on GDT brought record-high volumes of purchased goods by buyers registered on GDT. The stock index has not changed in relation to the prices proposed by the sellers, this means that the prices were acceptable and the supply balanced the demand. This time, the largest increase was recorded on the product which during the previous session lost the most – casein, which price has risen by 8% to USD 4,971 / MT. Slight increases were noted for cheddar by 1.3% to 3663 USD / MT, AMF by 1.2% to 5709 USD / MT and whole milk powder by 0.1% to 2958 USD / MT. The biggest decrease was recorded on powdered buttermilk, which price dropped by 5.9% to the level of 2441 USD / MT. Butter recorded a price of 4802 USD / MT – a decrease of 3.2%. Skimmed milk powder decreased by 0.8% to 1972 USD / MT, but this is a higher price than at the previous session. The price of skimmed milk powder offered by European sellers increased significantly compared to the previous session. However, the offer of milk from New Zealand was so low that it leveled European growth. It is the result of a decrease in inventories of this product in EU warehouses. Slightly at this session the price of whole milk powder increased by 0.1% to 2958 USD / MT, but it is lower than the closing price at the previous session. Lactose have been sold in the price and quantities offered by the seller – Polish Dairy for the second session in a row sold the whole offered amount of the product.
The 217 session gathered as many as 191 buyers, 126 of whom made purchases. The session had 13 rounds and lasted less than two hours. A total of 34 076 tonnes of products listed on GDT were sold. On 217 quotations on GDT, 529 buyers from all over the world were registered.

GDT EVENT 216/17.07.2018

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The 216 session on GDT brought the general price index down by 1.7% to USD 3.222. The biggest decrease was recorded for casein – the index dropped by as much as 9.5% to USD 4602 / MT. The price of high-fat products has also been reduced considerably. The butter reached the price of 4953 USD / MT – a decrease by 8.1%. This price is still much lower than the EU market butter price. The related product – AMF decreased by 5.2%. Its price has reached the level of 5629 USD / MT. The cheddar cheese also dropped to 3596 USD / MT – a 3.3% decrease. The price of this product is also lower than the price of cheddar produced in the EU. The increases were noticed for two major products. Skimmed milk powder index price increased by 0.8% to 1959 USD / MT. This is the average price offered by all companies selling on GDT. At the same time European manufacturers offer prices much lower than dairies from other continents, the price varies from 1725 to 1790 USD / MT. This price level deviating from the average is still caused by large stocks of skimmed milk powder in the EU. The price of whole milk powder increased by 1.5% to 2973 USD / MT. Lactose was sold at the price offered by the seller, and buttermilk powder at an average price of 2225 USD / MT.

The 216 session, despite the holiday period, gathered 168 buyers, 126 of whom made purchases. The session took 15 rounds and lasted over two hours. A total of 25,454 tonnes of products listed on GDT were sold. On 216 quotations on GDT, 524 buyers from all over the world were registered.

 

During week 21, most of the prices of dairy products were characterized by an upward trend, only the price of whole milk powder remained at the same level, while the price of raw milk went down.

The price of butter in blocks is growing over a month and this product can now be purchased at 25.40 PLN / kg. The prices of cheeses have also increased and gouda cheese can be bought at 11.90 PLN / kg.

Regarding liquid products, the price of cream, after fluctuation during previous week, reached a growth and now it remains at level 0.301 PLN per unit of fat. The price of skimmed milk powder has also increased and can be purchased at 6.20 PLN / kg. The price of whey powder has been increasing for three weeks and is currently 2.80 PLN / kg. Whole milk powder can be purchased at the same price like at previous week – 12.00 PLN / kg

The price of raw milk, after a strong upward trend since the beginning of the month, finally went down and this product can be purchased at 0.278 PLN per unit of calculation. Nevertheless the price of the skimmed milk has been growing and currently amounts to 0.35 PLN per liter.

The SIAL China International Exhibition in Shanghai is the fourth largest exhibition event in the world dedicated to the food sector. Polish Dairy, after exhibition rated the event as great chance to establish new business relationship with Chinese buyers and to promote Poland as a significant European producer of dairy products.
Polish exhibitors among others, were visited by Phil Hogan – European Commissioner for Agriculture and Rural Development , Jacek Bogucki – Secretary of State in the Ministry of Agriculture and Rural Development, Piotr Nowotniak – General Polish Consul, Paweł Niemczuk – Chief Veterinary Officer.
SIAL China in Shanghai took place from 16th to 18th of May this year.

During week 20, most of the prices of dairy products were characterized by an upward trend, only the price of whole milk powder stayed at the same level and the price of cream was fluctuating. The price of butter in blocks has been growing for a month and this product can now be bought at 25.10 PLN / kg. The prices of cheeses have also increased and gouda cheese can be purchased at 11.40 PLN / kg.

Regarding liquid products, the price of cream went up in the first half of the week and than recorded a drop in the second part and now reached 0.295 PLN per unit of fat. However, the price of skimmed milk powder has increased and can be purchased at 6.00 PLN/ kg. The price of whey powder has been growing for two weeks and currently amounts to 2.70 PLN / kg. The price of whole milk powder has not changed and can be purchased at 12 PLN / kg.
The prices of raw milk continue to maintain a strong upward trend. Raw milk can be bought at 0.280 PLN per unit of calculation. The price of skimmed milk has also increased and now amounts to 0.34 PLN per liter.

Polish Dairy joined the sellers on Global Dairy Trade half a year ago. During subsequent sessions, our company sold skimmed milk powder and lactose via GDT Events. During the
session which took place on 15th May for the first time we offered sweet whey powder at the auction. We inform that whole offered quantity was sold.

Address

Polish Dairy sp. z o.o.
ul. Belwederska 9a
00-761 Warsaw, Poland

Registration data

NIP: 5223054886
REGON: 363776506
KRS: 0000603574

Contact

Tel.: (+48) 730 731 563
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