Dairy Index DIA continued to grow

Источник: The DairyNews
On December 27, 2021 Dairy Index DIA amounted to 32.59 rubles (about 0.39 euro)/kg (excluding VAT, fat and protein content 3.6% and 3.0% respectively), which 0.3% lower than last week and 12.9% higher than in late December 2020. A key factor in the growth of the index was a decrease in the volume of imports of dairy products, while prices for exchange-traded dairy products continued to grow increasing the import price, the weighted average price of milk in Russia also continued to grow according to the Milk Price Index DIA application.

Dairy Index DIA на 27 декабря 2021 составил 32,59 руб/кг (без НДС, жир-3,6%, белок-3,0%), на 0,3% выше прошлой недели и 12,9% выше конца декабря 2020 года. The key factor in the growth of the index remains the rise in prices for raw milk in the regions according to the Milk Price Index DIA application, the import price decreased slightly compared to last week due to lower prices for exchange-traded dairy products and the strengthening of the ruble. The index, after a slight decline last week, set a new record


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According to the application Milk Price Index DIA, the weighted average price of milk in Russia increased by 0.6% to 29.18 rubles (about 0.35 euro)/kg, which is 11.2% higher than the price in late December 2020. The price of raw milk decreased in Novosibirsk and Perm regions. The increase in prices of milk was observed in Krasnodar, Altai, Kemerovo and Tyumen 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 Index DIA and enter current data on the price of raw milk.

http://www.dairynews.ru/company/country/russia/index/

The import price decreased by 0.3% to 42.21 rubles (about 0.51 euro)/kg, compared to late December 2020, the indicator is 20.4% higher. A key factor in the decline of import prices was the decrease in prices for exchange-traded dairy products. At the Trigona Dairy Trade auction, the prices of butter and skimmed milk powder decreased; the prices of cheese and whey powder 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 2.6% to 490.4 rubles (about 5.91 euro)/kg, the price of cheddar decreased by 0.04% to 394.8 rubles (about 4.76 euro)/kg, the price of skimmed milk powder decreased by 0.7% to 278.5 rubles (about 3.36 euro)/kg. The price of whey powder decreased by 0.04% to 98.5 rubles (about 1.19 euro)/kg.

At the 298th Global Dairy Trade (GDT) auction on December 21, 2021, the price index for dairy products for the first time after several months of growth (the index last declined at the auction in early August 2021) decreased by 1.5%. The key factor was the decline in the price of whole milk powder, prices for other products continued to rise, although the growth rate slowed down.

The import price of a pair of skimmed milk powder + butter decreased by 0.6% to 48.98 rubles (about 0.59 euros)/kg (1 kg in terms of milk). The import price of a pair of cheese + whey remained at the level of 37.5 rubles (about 0.45 euro)/kg. The price of whole milk powder decreased by 0.3% to 37.87 (about 0.46 euro)/kg.    

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The new value of Dairy Index DIA will be published on January 10, 2022. 

The Agency launched the mobile app MILK PRICE INDEX DIA for iOS and Android. You can now install the mobile app MILK PRICE 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 import price index. To calculate the weighted average price, the Agency developed and launched a crowdsourcing application Index DIA, which allows accumulating current data on the prices of raw milk in Russian regions from direct market participants, producers and processors of milk. The import price index is determined based on the prices of key exchange dairy products – skimmed 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.



20.05.2022
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