DairyIndex DIA amounted to 31.54 rubles/kg

The index has been holding records since the beginning of October 2021, the new record exceeded the peak of last week, 31.30 rubles/kg.

According to the application Milk Price Index DIA, the weighted average price of milk in Russia increased by 1.3% to 27.8 rubles (about 0.34 euro)/kg, which is 7.2% higher than the price in early November 2020. Prices of raw milk decreased in Belgorod and Ivanovo regions. The increase in prices of milk was observed in Tula, Rostov and Moscow 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 0.7% to 40.75 rubles (about 0.50 euro)/kg, compared to November 2020, the indicator is 18.6% higher. DIA analysts have updated data on the volume of imports of exchange-traded dairy products according to the latest statistics of the Federal Customs Service. The volume of imports of all exchange-traded products, skimmed milk powder, whole milk powder, cheeses, whey powder and butter decreased. In calculating the import price, the share of a pair of skimmed milk powder + butter and the share of whole milk powder decreased, the share of a pair of cheese + whey increased. The share of the import price in the calculation of Dairy Index DIA decreased from 29.62% to 28.87% against the background of a decrease in the total volume of imports of exchange-traded products.

A key factor in the growth of import prices was the rise in prices for exchange-traded dairy products. At the BUCE auction, the price of butter increased by 4.8%, the price of whole milk powder also continued to grow by 1.9%. At the Trigon Dairy Trade auction, the prices of skimmed milk powder and whey powder increased, the price of butter 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 previous auction, decreased by 1.4% to 440.9 rubles (about 5.36 euro)/kg, the price of cheddar decreased by 1.4% to 347 rubles (about 4.22 euro)/kg, the price of skimmed milk powder increased by 2.4% to 261.3 rubles (about 3.18 euro)/kg. The price of whey powder increased by 2.3% to 90.6 rubles (about 1.10 euro)/kg.

The import price of a pair of skimmed milk powder + butter increased by 1.5% to 47.67 rubles (about 0.58 euros)/kg (1 kg in terms of milk). The import price of a pair of cheese + whey increased by 0.14% to 36.27 rubles (about 0.44 euro)/kg. The price of whole milk powder increased by 1.9% to 34.34 rubles (about 0.42 euro)/kg.   

The new value of Dairy Index DIA will be published on November 22, 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.