FX.co ★ Global Dairy Prices Rebound as New Zealand’s GDT Index Turns Positive

New Zealand’s GlobalDairyTrade (GDT) Price Index has returned to positive territory, signaling a recovery in international dairy prices. The index rose by 1.2%, according to the latest update on 06 October 2026, reversing the previous reading of -1.1%.

The shift from negative to positive growth in the index suggests improved demand or firmer pricing conditions across key dairy products traded via the GDT platform. While the magnitude of the increase is modest, the move into positive territory may be seen as an encouraging sign for New Zealand’s dairy sector and for global buyers tracking input costs.

Market participants will be watching upcoming auctions closely to see whether this rebound marks the start of a sustained upward trend in dairy prices or a short-term correction following earlier weakness.