Dairy Index DIA declined again

Источник: The DairyNews
On March 22, 2021 Dairy Index DIA amounted to 29.44 rubles (about 0.33 euros)/kg (excluding VAT, fat and protein content 3.6% and 3.0% respectively), which is 0.03% lower than last week and 6.3% higher than in March 2020. According to the Index DIA application, a key factor of the decline was the decrease in import prices due to lower prices for exchange-traded dairy products, at the same time the weighted average price of milk in Russia increased.

index 22 March 2021-1.jpg

According to the application Index DIA, the weighted average price of milk in Russia decreased by 0.26% to 26.61 rubles (about 0.30 euros)/kg, which is 3.6% higher than the price in March 2020. Prices for raw milk increased in Kaluga, Moscow and Yaroslavl regions. The decline in prices for raw milk was observed in Leningrad and Tyumen 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 Index DIA and enter current data on the price of raw milk.

http://www.dairynews.ru/company/country/russia/index/

The import price index decreased by 0.55% to 36.23 rubles (about 0.41 euros)/kg, compared to March 2020 the index is higher by 8.4%. The key decline factor was the decrease in prices for exchange-traded dairy products at the auction of Trigona. At the same time at the auction of BUCE the price of skimmed milk powder increased by 0.2%, the price of whole milk powder increased by 0.8%. At the auction of Trigona Dairy Trade the price of skimmed milk powder increased, the prices of whey powder and butter decreased, the price of cheese remained at the level of the previous auction. The price of butter, taking into account the weakening of the ruble compared to the previous auction, decreased by 4.8% to 355 rubles (about 4.01 euros)/kg, the price of cheddar increased by 0.4% to 304 rubles (about 3.44 euros)/kg, the price of skimmed milk powder increased by 2.5% to 220.3 rubles (about 2.49 euros)/kg. The price of whey powder decreased by 1.5% to 90.8 rubles (about 1.03 euros)/kg. 

The 280th auction of GDT (Global Dairy Trade) of March 16, 2021 ended with a decline. The price index for dairy products decreased by 3.8%, the prices for butter and whole milk powder decreased.

The import price of a pair of skimmed milk powder + butter decreased by 1.07% to 38.65 rubles (about 0.44 euros)/kg (1 kg in terms of milk). The import price of a pair of cheese + whey increased by 0.03% to 34.07 rubles (about 0.39 euros)/kg. The price of whole milk powder increased by 0.85% to 28.52 rubles (about 0.32 euros)/kg.

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The new value of Dairy Index DIA will be published on March 29, 2021. 

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.


28.07.2021
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