Dairy Index DIA has increased by 0.07% to 28.34 rubles (about 0.32 euros)/kg
According to the application Index DIA, the weighted average price of milk in Russia last week increased by 0.08% to 25.96 rubles (about 0.29 euros)/kg, which is 3.7% higher than the price in November in 2019. Prices for raw milk increased in Saratov, Krasnodar regions and in the Republic of Mari El. The decline in prices for raw milk was observed in Rostov and Krasnoyarsk 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 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 increased by 0.03% to 34.38 rubles (about 0.38 euros)/kg, compared to November 2019 the index is higher by 4.5%. At the auction of BUCE, the price of skimmed milk powder increased by 1.7%, while the price of whole milk powder decreased by 0.8% and the price of butter decreased by 1.3% At the auction of Trigona Dairy Trade the price of whey powder increased while the price of cheese decreased; prices of other exchange-traded dairy products remained at the level of the previous auction. The price of butter, taking into account the strengthening of the ruble compared to the previous auction, decreased by 0.5% to 302.7 rubles (about 3.37 euros)/kg, the price of cheddar decreased by 2.1% to 289.11 rubles (about 3.21 euros)/kg, the price of skimmed milk powder decreased by 0.5% to 194.24 rubles (about 2.16 euros)/kg. The price of whey powder increased by 2% to 68.7 rubles (about 0.76 euros)/kg.
The 272nd auction of GDT (Global Dairy Trade) on November 17, 2020 resulted in a growth. The price index for dairy products increased by 1.8%, the price of butter continued to grow, and this time whole milk powder and skimmed milk powder showed an increase in prices.The import price of a pair of skimmed milk powder + butter increased by 0.4% to 36.93 rubles (about 0.41 euros)/kg (1 kg in terms of milk). The import price of a pair of cheese + whey decreased by 0.28% to 32.63 rubles (about 0.36 euros)/kg. The price of whole milk powder decreased by 0.8% to 27.48 rubles (about 0.31 euros)/kg.
The new value of Dairy Index DIA will be published on November 30, 2020.
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.
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