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The latest data released by the Global Dairy Trading Platform showed that the global dairy trading price index rose by 4.
Indicative whole milk powder traded at $2,777 a tonne, up 3 percent, the data showed
Hellier believes that the global dairy index rose better than expected
The global dairy product trade platform is composed of international dairy product sellers headed by Fonterra, which generally organizes dairy product auctions every two weeks, with buyers from more than 90 countries and regions around the world, and auction prices directly affect global dairy product pricing