According to the application Index DIA the weighted average price of milk in Russia last week decreased by 0.57% to 24.42 rubles (about 0.34 euros)/kg, which is 12.5% higher than the price of June 2018. Almost all regions saw a decline in the price of raw milk.
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 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 rose by 0.42% to 29.01 rubles (about 0.41 euros)/kg compared to last week; compared to June 2018, the growth was 4.35%. At the auction of BUCE the price of butter increased by 0.4% to 386.10 rubles (about 5.39 euros)/kg. The Price of Belarusian skim milk powder increased by 6.8% to 155 rubles (about 2.16 euros)/kg, the price of whey powder increased by 6.4% to 48.93 rubles (about 0.68 euros)/kg. At the auction of Trigona Dairy Trade the price of butter and whey powder has decreased, the price of cheese and skim milk powder remained at the level of the previous auction. The price of butter, taking into account the strengthening of the ruble fell by 3.37% to 253.9 rubles (about 3.55 euros)/kg, the price of cheddar decreased by 2% to 218.2 rubles (about 3.05 euros)/kg, the price of skim milk powder fell by 2% to 146.67 rubles (about 2.05 euros)/kg. The price of whey powder has decreased by 4.7% to 50.08 rubles (about 0.70 euros)/kg. At the auction of GDT (Global Dairy Trade) of June 18, 2019, the price index for dairy products continued to decline, a decrease amounted to 3.8%. Prices for all dairy products except casein have decreased. The price of skim milk powder has decreased by 3.5%, the price of whole milk powder has decreased by 4.3%. https://www.dairynews.ru/news/tsena-slivochnogo-masla-na-torgakh-gdt-snizilas-na.html?sphrase_id=3660427
The import price of a pair of skim milk powder + butter has increased by 1.78% to 33.1 rubles (about 0.46 euros)/kg (1 kg in terms of milk). The import price of a pair of cheese + whey has decreased by 1.6% to 24.56 rubles (about 0.34 euros)/kg. The price of whole milk powder remained at the level of 22.94 rubles (about 0.32 euros)/kg.
The new value of Dairy Index DIA will be published on July 1, 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:
In Google play:
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.