Dairy Index DIA has increased to 26.51 rubles (about 0.37 euros)/kg

Источник: The DairyNews
On December 2, 2019 Dairy Index DIA amounted to 26.51 rubles (about 0.37 euros)/kg (excluding VAT, fat and protein content 3.6% and 3.0% respectively), which is 0.15% higher than at the beginning of last week and 8% higher than in early December 2018. The index rose due to the rise in prices for raw milk in Russian regions according to the INDEX DIA application.

According to the application Index DIA the weighted average price of milk in Russia last week increased by 0.2% to 25.09 rubles (about 0.35 euros)/kg, which is 8.05% higher than the price in early December in 2018. Prices for raw milk increased in Kostroma, Moscow and Vologda regions. The decline in prices for raw milk was observed in Krasnoyarsk and Altai regions.  

It is worth reminding that to get access to information about the prices for raw milk in all regions of Russia, users need to be registered on the page of the application Index DIA and enter current data on the price of raw milk on a weekly basis: http://www.dairynews.ru/company/country/russia/index/  

The import price index remained at the level of 30.66 rubles (about 0.43 euros)/kg compared to early December 2018; the growth of the index was 8.8%.  At the auction of BUCE, the price of skim milk powder increased and the price of whey powder decreased; the price of skim milk powder increased by 3.75% to 166 rubles (about 2.34 euros)/ kg, the price of whey powder decreased by 7.5% to 53 rubles (about 0.75 euros)/kg. Last week at the Dutch stock exchange Trigona Dairy Trade, the prices of all exchange-traded dairy products remained at the level of previous trading, only the price of butter decreased. The price of butter, taking into account the strengthening of the ruble decreased by 1.5% to 257.6 rubles (about 3.63 euros)/kg, the price of cheddar decreased by 0.2% to 222.3 rubles (about 3.13 euros)/kg, the price of skim milk powder decreased to 183.5 rubles (about 2.59 euros)/ kg. The price of whey powder decreased to 52.2 rubles (about 0.74 euros)/kg.

The import price of a pair of skim milk powder + butter increased by 0.64% to 36.28 rubles (about 0.51 euros)/ kg (1 kg in terms of milk). The import price of a pair of cheese + whey decreased by 0.83% to 25.17 rubles (about 0.35 euros)/kg. The price of whole milk powder remained at the level of 22.95 rubles (about 0.33 euros)/kg.


The new value of Dairy Index DIA will be published on December 9, 2019. 

The Center launched the mobile app INDEX DIA for iOS and Android. You can now install the mobile app INDEX DIA by the following links: 

In App store: 

https://itunes.apple.com/us/app/milk-price-index-rdrc/id1434076000?l=ru&ls=1&mt=8

In Google play: 

https://play.google.com/store/apps/details?id=com.dairynews.rdrc

Dairy Index DIA
Dairy Index DIA is calculated based on two key indicators, the weighted average price of milk in the Russian regions and the Index of import price. To calculate the weighted average price, the Center developed and launched a crowdsourcing application Index DIA, which allows accumulating current data on the prices of raw milk in the Russian regions from direct market participants, producers and processors of milk. The Index of import price is determined based on the prices of key exchange dairy products – skim milk powder, whole milk powder, butter, cheese and whey powder. The prices of imported dairy products are based on the prices of dairy products of the Belarusian universal commodity exchange (BUCE) and the prices at the sites of Trigona Dairy Trade and GlobalDairyTrade.

Read more at © DairyNews.ru

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