Dairy Index RDRC declined to 23.20 rubles (about 0.31 euro)/kg

Источник: The DairyNews
On October 15, 2018 Dairy Index RDRC amounted to 23.20 rubles (about 0.31 euro)/kg (excluding VAT, fat and protein content 3.6% and 3.0% respectively), which is 0.13% lower than at the beginning of last week and 7.57% lower than in October 2017. A key factor in the decline of the index was the drop in the import price of butter and a slight decline in prices in the Russian regions according to the application Index RDRC.

According to the application Index RDRC, last week weighted average price of milk in Russia decreased by 0.09% to 21.77 rubles (about 0.29 euro)/kg, which is 7.75% lower than the price in the middle of October 2017. Last week, milk prices fell in some regions, for example, in Moscow and Kaluga 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 get registered on the page of the application Index RDRC 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 last week decreased by 0.21% to 27.94 rubles (about 0.37 euro)/kg, which is 3.56% lower than in October 2017. The decline in the import price was due to the fall in the price of butter at the auction Trigona Dairy Trade. The price of butter, even taking into account the reduced rate of the ruble fell by 8.05% to 339.16 rubles (about 4.47 euro)/kg, the price of cheese rose by 1.36% to 238.96 rubles (about 3.15 euro)/ kg, the price of whey powder rose to 57.81 rubles (about 0.76 euro) /kg. The price of skim milk powder has decreased by 1.7% to 123.33 rubles (about 1.62 euro)/kg.

The import price of a pair of skim milk powder + butter has decreased by 1.56% to 28.97 rubles (about 0.38 euro)/kg (1 kg in terms of milk). The import price of a pair of cheese + whey rose by 1.28% to 26.87 rubles (0.35 euro)/kg. The price of whole milk powder remained at the level of 22,89 rubles (about 0.30 euro)/kg.


The new value of Dairy Index RDRC will be published on October 22, 2018. 

The Center launched the mobile app INDEX RDRC for iOS and Android. You can now install the mobile app INDEX RDRC 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 RDRC

Dairy Index RDRC 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 RDRC, 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.

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