News

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.

GDT EVENT 212/15.05.2018

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The current, 212 session on GDT ended with a positive price index 1.9%. Over 18,000 tons of products were sold during the session. The prices of 5 dairy products reached a growth, while the downward trend was characterized by lactose and casein.

It is worth to add that during the last session, Polish Dairy company implemented on GDT session Whey Powder and 1st transactions were reported.

The largest volume was generated on WMP, with a slight change in the average price (+ 0.2%) to 3226 USD / MT. The second product sold in the largest quantities was SMP, which price increased by 3%, and amounted to 2047 USD / MT. The price of AMF during the last session went up strongly by 5.8% to the level of 6354 USD / MT. Butter was sold during the session also at a higher price of 2.4% and reached 5787 USD / MT. The price of cheddar cheese went up by 4.4% and it amounted to 4205 USD / MT. However, the price of rennet casein recorded again the highest drop among all dairy products on GDT session, to 6.1% and it was sold at a price of 4876 USD / MT. The price of lactose also recorded a decrease by 3.5% and amounted to 687 USD / MT. Buttermilk powder was not offered on current session.

212 sessions gathered 164 buyers, of which 111 made purchases. The session took 14 rounds and lasted two hours. 18 161 tons of products were sold in total.

 

During week 19, the prices of all dairy products reached a growth. The price of butter in blocks has been growing for three weeks and this product can now be purchased at 24.20 PLN/ kg. Prices of cheeses have also increased and gouda cheese can be bought at 11.30 PLN / kg.

Regarding liquid products, the price of cream has been going up for three weeks and currently amounts to 0.283 per unit of fat. The price of skimmed milk powder also recorded an upward trend and can be purchased at 5.90 PLN / kg. The price of whey powder, after stabilization during previous week, increased to 2.60 PLN/ kg. The price of whole milk powder is 12 PLN / kg.

The prices of raw milk for two weeks have been maintaining a strong upward trend. Raw milk can be bought at 0.267 PLN per unit of calculation. The price of skimmed milk has also increased and now reached to 0.32 PLN per liter.

During week 18  most of the prices of dairy products were characterized by  upward trend, only price of whey powder remained at the same level. The price of butter in blocks has continued to grow, and this product can now be purchased at 23.30 PLN / kg. Prices of cheeses, after stabilization tendency during previous week, have also increased and gouda cheese can now be purchased at 11.30 PLN / kg.

Regarding liquid products, the price of cream has been going up for two weeks and currently this product can be bought at 0.275 PLN per unit of fat. The price of skimmed milk powder also recorded an upward trend and now it  is 5.60 PLN / kg. Only the price of whey powder stayed at the same level and currently we can buy it for 2.50 PLN / kg. However, the price of whole milk powder after a stable trend increased to 11.10 PLN / kg.

The low prices of the raw milk are still maintained due to the high supply, however, during last quotations they recorded a strong growth, especially the price of raw milk and this product can be bought at 0.245 PLN per unit of calculation. The price of skimmed milk also increased and now amounts to 0.30 PLN per liter.

GDT EVENT 211/01.05.2018

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The current 211 session on GDT ended with a negative price index 1.1%. Over 19,000 tons of products were sold during the session. The prices of 4 dairy products reached a growth, the downward trend noted prices of such products like: AMF, casein and whole milk powder, the price of butter remained on the same level.

The largest volume was generated again on whole milk powder, however, its price dropped by 1.5% to 3231 USD / MT. The second product sold in the largest quantities was skimmed milk powder, which price went up by 3.6% – it was the same percentage like at the previous session – and amounted to 1999 USD / MT. The price of AMF during the last session went down by 1.9% to 6032 USD / MT. Whereas butter was sold at the same price like on previous GDT session at 5647 / MT.

The price of cheddar cheese increased by 3.1% and it was sold at 4024 USD / MT. However, the price of casein recorded the highest drop among all products issued on 211 session, by 10.5% and the price was 5177 USD / MT. There was recorded a small growth regarding lactose, only 0.6% and amounted to 616 USD / MT. The last product, which price increased slightly, was buttermilk powder by 0.5% to 1990 USD / MT.

211 sessions gathered 150 buyers, of which 97 made purchases. The session had 14 rounds and lasted two hours. 19,508 tons of products listed on GDT were sold in total.

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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