Dairy Index DIA has increased by 0.07% to 28.38 rubles (about 0.32 euros)/kg

Источник: The DairyNews
On December 7, 2020 Dairy Index DIA amounted to 28.38 rubles (about 0.32 euros)/kg (excluding VAT, fat and protein content 3.6% and 3.0% respectively), which is 0.07% higher than last week and 6.09% higher than in early December 2019. According to the Index DIA app, the key factor in the growth of the indicator was the continued increase in prices for raw milk in Russian regions. The import price increased slightly last week due to increase in prices for some exchange-traded dairy products and the weakening of the ruble.
index 7 Dec 2020-1.jpg

According to the application Index DIA, the weighted average price of milk in Russia last week increased by 0.08% to 26.01 rubles (about 0.29 euros)/kg, which is 3.17% higher than the price in early December in 2019. Prices for raw milk increased in Voronezh, Omsk and Tula regions. The decline in prices for raw milk was observed in Samara and Altai 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 0.06% to 34.39 rubles (about 0.38 euros)/kg, compared to early December 2019 the index is higher by 3.9%. At the auction of Trigona Dairy Trade the price of whey powder and skimmed milk powder increased, the price of butter and cheese decreased. The price of butter, taking into account the weakening of the ruble compared to the previous auctions, decreased by 0.24% to 296.4 rubles (about 3.29 euros)/kg, the price of cheddar decreased by 0.3% to 291.8 rubles (about 3.24 euros)/kg, the price of skimmed milk powder increased by 3.6% to 200.6 rubles (about 2.23 euros)/kg. The price of whey powder increased by 3.9% to 72.04 rubles (about 0.80 euros)/kg.

The 273rd GDT (Global Dairy Trade) auction on December 1, 2020 ended in growth. The price index for dairy products increased by 4.3%, and prices for all exchange-traded dairy products increased.

The import price of a pair of skimmed milk powder + butter increased by 0.14% to 36.87 rubles (about 0.41 euros)/kg (1 kg in terms of milk). The import price of a pair of cheese + whey remained at the level of 32.69 rubles (about 0.36 euros)/kg. The price of whole milk powder remained at the level of 27.48 rubles (about 0.31 euros)/kg.

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The new value of Dairy Index DIA will be published on December 14, 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:

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.
 

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