Dairy Index RDRC rose to 26.11 rubles (about 0.36 euros)/kg

Источник: The DairyNews
On May 13, 2019 Dairy Index RDRC amounted to 26.11 rubles (about 0.36 euros)/kg (excluding VAT, fat and protein content 3.6% and 3.0% respectively), which is 0.23% higher than at the beginning of last week and 11.06% higher than in May 2018. The growth of the index was due to the increase in import prices associated with the growth of prices for exchange dairy products and the weakening of the ruble, the price of raw milk in the Russian regions decreased according to the application Index RDRC.


According to the application Index RDRC the weighted average price of milk in Russia last week increased by 0.24% to 24.50 rubles (about 0.33 euros)/kg, which is 9.33% higher than the price in May 2018. Prices for raw milk in the regions are falling, for example, last week the price of milk in Kaluga, Moscow and Samara regions decreased. In some regions, prices continued to rise, for example, in the Republic of Tatarstan, Yaroslavl and Lipetsk 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 get registered on the page of the application Index RDRC 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 1.23% to 30.55 rubles (about 0.42 euros)/kg compared to last week; compared to May 2018, the growth was 7.31%. At the auction of Trigon Dairy Trade prices for cheese, skim milk powder and butter have increased, the price of whey powder after a long period of growth has decreased. The price of butter, taking into account the weakening of the ruble rose by 1.3% to 292.36 rubles (about 3.98 euros)/kg, the price of cheddar cheese increased by 2.7% to 233.88 rubles (about 3.18 euros)/kg, the price of skim milk powder went up by 3.6% to 149.83 rubles (about 2.04 euros)/kg. The price of whey powder has decreased by 2% to 57 rubles (about 0.78 euros)/kg.

At the 235th auction of the GDT (Global Dairy Trade) on May 7, 2019, the price index for dairy products continued to grow with an increase of 0.4%. The price of whole milk powder continued to decline, skim milk powder continued to rise in price. The price of whole milk powder in the Russian currency amounted to 212.27 rubles (about 2.89 euros)/kg: http://www.dairynews.ru/news/torgi-global-dairy-trade-som-rastet-stsm-padaet-.html?sphrase_id=3161520&back_url_admin=%2Fbitrix%2Fadmin%2Fhighloadblock_rows_list.php%3FENTITY_ID%3D4%26lang%3Dru

The import price of a pair of skim milk powder + butter has increased by 0.43% to 35.11 rubles (about 0.48 euros)/kg (1 kg in terms of milk). The import price of cheese + whey has increased by 2.33% to 25.89 rubles (about 0.35 euros)/kg. The price of whole milk powder has increased by 0.63% to 24.06 rubles (about 0.33 euro)/kg.

The new value of Dairy Index RDRC will be published on May 20, 2019. 

The Center launched the mobile app INDEX RDRC for iOS and Android. You can now install the mobile app INDEX RDRC 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 RDRC
Dairy Index RDRC 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 RDRC, 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 full article n Russian on © DairyNews.ru

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