Weak ruble supported the growth of DairyIndex DIA
According to the application Milk Price Index DIA, the weighted average price of milk in Russia increased by 0.2% to 27.93 rubles (about 0.33 euro)/kg, which is 7.5% higher than the price in late November 2020. Prices of raw milk decreased in Krasnoyarsk and Ulyanovsk regions. The increase in prices of milk was observed in Krasnodar, Yaroslavl 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 Index DIA and enter current data on the price of raw milk.
http://www.dairynews.ru/company/country/russia/index/
The import price increased by 0.17% to 40.67 rubles (about 0.48 euro)/kg, compared to November 2020, the indicator is 18.33% higher. A key factor in the growth of import prices was the weakening of the rouble. At the Trigona Dairy Trade auction, the price of butter continued to decrease, the prices of skimmed milk powder and whey powder increased while the price of cheese remained at the level of the previous auction. The price of butter, taking into account the weakening of the ruble compared to the previous auction, increased by 0.8% to 439.3 rubles (about 5.17 euro)/kg, the price of cheddar increased by 1.7% to 355.6 rubles (about 4.21 euro)/kg, the price of skimmed milk powder increased by 3.2% to 271.9 rubles (about 3.20 euro)/kg. The price of whey powder increased by 3.5% to 94.5 rubles (about 1.11 euro)/kg.
The import price of a pair of skimmed milk powder + butter increased by 0.13% to 47.29 rubles (about 0.56 euros)/kg (1 kg in terms of milk). The import price of a pair of cheese + whey increased by 0.25% to 36.40 rubles (about 0.43 euro)/kg. The price of whole milk powder remained at the level of 34.34 rubles (about 0.40 euro)/kg.
The new value of Dairy Index DIA will be published on December 6, 2021.
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.