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Prices rise at GDT auction

NZ Newswire logoNZ Newswire 7/02/2017 Daniel Gilhooly

<span style="font-size:13px;">Prices are up 1.3 per cent at Fonterra's fortnightly GlobalDairyTrade auction.</span> © Bloomberg Prices are up 1.3 per cent at Fonterra's fortnightly GlobalDairyTrade auction. Dairy prices have lifted 1.3 per cent at Fonterra's GlobalDairyTrade auction, with the important whole milk powder price up 1 per cent.

The average price rose to $US3537 ($NZ4835) per metric tonne on Wednesday morning (NZT).

Whole milk powder was up to $US3314 and butter up 4.9 per cent to US$4593.

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