DairyIndex DIA has broken a new record

According to the application Index DIA, the weighted average price of milk in Russia dencreased by 0.4% to 27.09 rubles (about 0.33 euros)/kg, which is 6.3% higher than the price in October 2020. Prices for raw milk decreased in Altai and Novosibirsk regions. The increase in prices of milk was observed in Chelyabinsk, Tyumen and Krasnodar 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 0.5% to 37.57 rubles (about 0.45 euros)/kg, compared to October 2020, the indicator is 9.9% higher. A key factor in the decline in the indicator was a decrease in the share of the most expensive pair of exchange-traded products, skimmed milk powder + butter, in the calculation of the import price index. 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 skimmed milk powder, whole milk powder, cheeses and whey powder has increased, the volume of imports of butter has 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 DairyIndex DIA increased from 27.24% to 29.62% against the background of an increase in the total volume of imports of exchange-traded products, which became a key factor in the growth of the index.

At the auction BUCE the price of butter increased by 3.2%. At the auction of Trigon Dairy Trade prices for skimmed milk powder, cheese and butter increased, the price of whey powder remained at the level of previous auctions. The price of butter, taking into account the strengthening of the ruble, increased by 8.9% to 418 rubles (about 5.03 euros)/kg compared to previous auctions, the price of cheddar increased by 1.7% to 334.4 rubles(about 4.02 euros)/kg, the price of skimmed milk powder increased by 2.7% to 238.3 rubles(about 2.87 euros)/kg. The price of whey powder decreased by 0.8% to 83.6 rubles (about 1.01 euros)/kg.

At the auction of GlobalDairyTrade (GDT) on October 5, 2021, the prices of butter and skimmed milk powder increased, the price of whole milk powder decreased.

The import price of a pair of skimmed milk powder + butter increased by 1.25% to 43.07 rubles (about 0.52 euros)/kg (1 kg in terms of milk). The import price of a pair of cheese + whey decreased by 0.3% to 34.13 rubles (about 0.41 euros)/kg. The price of whole milk powder decreased by 0.46% to 30.38 rubles (about 0.37 euros)/kg.   

The new value of Dairy Index DIA will be published on October 18, 2021. 

The Agency 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 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.