The price of milk in the "regions-importers" remained at the level of 25.51 rubles/kg. The purchase price of milk in the "regions-exporters" has increased by 0.04% to 23.17 rubles/kg. The weighted average price of milk in the “regions-importers” and “regions-exporters” amounted to 24.28 rubles/kg, which is 0.04% higher than last week and 2.18% below the average price in December 2016.
The index of import price amounted to 27.41 rubles/kg, which is 0.76% below the level of last week and 5.61% below the average of December 2016. At Trigona Dairy Trade auction the price of all the key dairy products decreased last week. In the Russian currency, the price of butter at the auction Trigona Dairy Trade amounted to 314.7 rubles/kg (by 9.46% below the price of the last auction), the price of cheese fell by 1.05% to 209.8 rubles/kg, the price of whey powder decreased by 0.23% to 42.3 rubles/kg. The price of skimmed milk powder at the auction Trigona Dairy Trade fell by 3% up to 94.4 rubles/kg. The price of whole milk powder at the auction GDT last week increased by 1.7% and amounted to 166.94 rubles/kg. We will remind that the price index for dairy products at the auction GDT rose slightly, by 0.4%. The price of butter continued to decline, at the same time, prices for skimmed milk powder whole milk powder increased.
The import price of a pair of Skimmed milk powder + Butter dropped by 0.66% to 31.44 rubles/kg (1 kg recalculated for milk). The import price of a pair of Cheese + Whey fell by 0.92% to 23.6 rubles/kg. The price of whole milk powder remained at the level of 23.92 rubles/kg.
New Dairy Index RDRC will be published on December 18.
Dairy Index RDRC
Dairy Index RDRC is calculated based on two key indicators, weighted average price of milk in “regions-exporters” (raw milk) and “regions-importers” and the Index of import price. The “regions-exporters” include the Republic of Tatarstan, Novosibirsk, Kirov and Yaroslavl regions and the "regions - importers" - Moscow region, Altai region, Krasnodar region and Bryansk region. The index of import price 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.