Dairy Index RDRC amounted to 26.97 RUB/kg

Источник: RDRC
According to the Russian Dairy Research Center Dairy Index RDRC slightly decreased compared to last week, by 0.04%, due to reducing prices for dairy products on the global stock exchanges. Dairy Index RDRC on March 27, 2017 amounted to 26.97 rubles per kg (excluding VAT, with fat and protein content 3.6% and 3.0% respectively).


The index of import prices, calculated by the Center decreased over the past week by 0.23% to 25.9 rubles/kg. Decrease is connected to falling of prices for dairy products at the site of Trigona Dairy Trade. Last week the price of skimmed milk powder according Trigona Dairy Trade decreased by 3.5%, whey powder - by 2.9%, cheese fell by 0.6%, the price of butter decreased by 0.6%. In this regard, there occurred a decrease of average indicators when calculating the Index of import prices. The price of a pair of skimmed milk powder and butter fell by 0.3%, a pair of cheese and whey fell by 0.5%, while the price of whole milk powder increased by 0.7%.



It should be reminded that at the last GlobalDairyTrade auction, the price of skimmed milk powder again demonstrated a decrease. In recalculation on the Russian currency the price of skimmed milk powder made 111.6 rubles/kg, 9.7% lower than at the previous auction. Cheddar also fell by 2.6%, price was 195.11 rubles/kg. At the same time the GDT index rose by 1.7%, mainly due to the growth of prices for whole milk powder and butter.

The Republic of Belarus has reduced the minimum export prices for dairy products in connection with changes of price dynamics on the global dairy market.

At the same time RDRC Dairy Index shows that the price of raw milk on the Russian market remains quite high compared to prices on the global dairy market. New indicator of Dairy Index RDRC will be published on 3 April.

Dairy Index RDRC

Dairy Index RDRC is calculated based on two key indicators Index of domestic price and Index of import prices. The Index of domestic prices is calculated on the basis of the average prices for raw milk in the "regions-exporters" (of raw milk), which include the Republic of Tatarstan, Novosibirsk, Vologda and Kirov regions and the "regions-importers" - Moscow region, Altai region, Krasnodar region and Bryansk oblast. The index of import prices is based on the stock prices of key dairy products, skimmed milk powder, whole milk powder, butter, cheese and whey powder. Prices of imported dairy products are calculated based on the prices of dairy products of the Belarusian universal commodity exchange (BUCE) and the price at the sites of Trigona Dairy Trade and GlobalDairyTrade.

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