Dairy Index DIA continues to decline

According to the application Index DIA, the weighted average price of milk in Russia decreased by 0.2% to 26.37 rubles (about 0.30 euros)/kg, which is 4.2% higher than the price in June 2020. The decline in prices for raw milk was observed in almost all regions, for example, in Moscow 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 index decreased by 0.46% to 36.95 rubles (about 0.42 euros)/kg, compared to June 2020 the index is higher by 19%. A key factor in the decline in the indicator was the decline in prices for exchange-traded dairy products at Trigon Dairy Trade and the strengthening of the ruble. At the same time, the prices of butter continued to rise at the BUCE auction, the price of butter increased by 1.2% last week. At the auction of Trigona Dairy Trade, prices for skimmed milk powder and butter decreased while prices for whey powder and cheese remained at the level of the previous auction. The price of butter, taking into account the strengthening of the ruble compared to the last auction, decreased by 4.15% to 346.8 rubles (about 3.97 euros)/kg, the price of cheddar decreased by 1.6% to 311.7 rubles (about 3.57 euros)/kg, the price of skimmed milk powder decreased by 2.4% to 226.5 rubles (about 2.59 euros)/kg. The price of whey powder decreased by 1.6% to 93.07 rubles (about 1.07 euros)/kg.

The import price of a pair of skimmed milk powder + butter decreased by 0.65% to 39.96 rubles (about 0.46 euros)/kg (1 kg in terms of milk). The import price of a pair of cheese + whey decreased by 0.26% to 34.24 rubles (about 0.39 euros)/kg. The price of whole milk powder remained at the level of 29.79 rubles (about 0.34 euros)/kg.   

The new value of Dairy Index DIA will be published on June 21, 2021. 

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.