Demand and supply were heavily impacted by the Covid-19 pandemic during 2020, causing disruption for buyers and sellers on many fronts. We were fortunate as an online service to be well-positioned to maintain Trading Events throughout the year, supporting our buyers and sellers to continue trading throughout these volatile times.
GDT Events achieved an average clearance rate of 95% of offered quantity sold at year-end, resulting in a combined total of 678,076 metric tonnes.
The twice-monthly auction attracted an average of 178 active bidders per Trading Event, with a total of 319 bidders participating at least once during 2020.
Our Annual Report also includes a comprehensive range of GDT statistics, including:
- Quantity sold and prices achieved
- Supply and demand analysis
- Bidder concentration analysis
- Regional breakdowns
If you have any questions about this report or interview requests, please email Meredith.Reeves@globaldairytrade.com.
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