For the fourth consecutive occasion, healthy demand has pushed up the prices of milk products at the Global Dairy Trade auction according to BusinessDesk.
The Global Dairy Trade price index climbed 3.6% from the previous auction two weeks ago to US$3,166.
According to BusinessDesk, whole milk powder rose 5.2% to US$3,233 a tonne, butter milk powder rose 21.8% to US$1,859 a tonne, and rennet casein increased 10.4% to US$6,775 a tonne.
BusinessDesk also reported that Anhydrous milk fat rose 4.7% to US$6,185 a tonne, while cheddar rose 4.6 % to US$3,666 a tonne, Butter jumped 1.1% to US$4,911 a tonne, while lactose increased by 1.1% to US$941 a tonne.
However, BusinessDesk says skim milk powder slipped 0.9% to US$1,982 a tonne.
