Dairy Index DIA has increased to 26.51 rubles (about 0.38 euros)/kg

Источник: The DairyNews
On November 18, 2019 Dairy Index DIA amounted to 26.51 rubles (about 0.38 euros)/kg (excluding VAT, fat and protein content 3.6% and 3.0% respectively), which is 0.19% higher than at the beginning of last week and 11.3% higher than in November 2018. The index continues to grow due to higher prices for raw milk in Russian regions according to the Application Index DIA as well as the increase in the price of imports, due to the weakening of the ruble.


According to the application Index DIA the weighted average price of milk in Russia last week increased by 0.2% to 25.04 rubles (about 0.36 euros)/kg, which is 12.14% higher than the price in November in 2018. Prices for raw milk increased in Kursk, Tomsk and Samara regions. The decline in prices for raw milk was observed in Moscow and Belgorod 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 0.2% compared to last week to 30.83 rubles (about 0.44 euros)/kg, compared to November 2018, the growth of the index was 10.7%. The increase in the index was due to weakening of the ruble and the rise in the price of butter. Last week at the Dutch stock exchange Trigona Dairy Trade, prices for exchange-traded dairy products remained at the level of previous trading, only the price of butter increased. The price of butter, taking into account the weakening of the ruble increased by 1.6% to 257.97 rubles (about 3.66 euros)/kg, the price of cheddar increased by 0.18% to 222.63 rubles (about 3.16 euros)/kg, the price of skim milk powder increased to 180.22 rubles (about 2.56 euros)/kg. The price of whey powder increased to 51.24 rubles (about 0.73 euros)/kg. 

The import price of a pair of skim milk powder + butter increased by 0.2% to 36.41 rubles (about 0.52 euros)/ kg (1 kg in terms of milk). The import price of a pair of cheese + whey increased by 0.16% to 25.36 rubles (about 0.36 euros)/kg. The price of whole milk powder remained at the level of 22.95 rubles (about 0.33 euros)/kg.

The new value of Dairy Index DIA will be published on November 25, 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: 

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.

Read more at © DairyNews.ru

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