Radyvylivmoloko brief market review.
Trends in the dairy market in Ukraine.
There were no significant changes in the milk market in Ukraine in February. The raw milk amount increased somewhat in February. The analog cheese export to Belarus (by Russian Federation) has been banned again for Ukrainian producers. It seems that this time the ban is much more serious.
Raw milk - trends
In February, the raw milk price should have been reduced, but this was not significant. This year is unlikely to significantly reduce the raw milk price. There are several reasons for this: the raw milk amount will be smaller; producers of whole-milk products will not try to lower the price; experts promise higher export prices this year.
Prices for Ukrainian butter did not increase in February. For African countries, some producers sold butter for 3850 USD per ton. An important role in African market development played cheap Indian butter. Ukrainian butter with a fat content of 82% was sold on average 3800-4300 USD per ton. Ukrainian butter with a fat content of 72.5% was sold on average 3600-3800 USD per ton.
Although winter has ended, the casein market is not active yet. Traders and importers are ready to pay for the Ukrainian casein 5400 USD per ton. But due the fact that demand is very small, Ukrainian producers value their casein 5600 USD per ton.
Our production in February:
Our forecast for March
In March, will expect increase the raw milk volume. Ukrainian dairy producers will try to reduce the price. There are no prerequisites for butter export market increase, the price is likely to remain at the same level as in February. In March, Easter fast will begin in Ukraine. So, the dairy products consumption in Ukraine will decrease. The casein market will be more active. Smaller producers will begin to produce casein and contract the first trucks.
This information booklet is intended only for customers and partners of Radyvylivmoloko LLC. Not for public or commercial use. All the information, mentioned here should be considered only as and opinion of Radyvylivmoloko staff.
Exchange rate change, 2,3%
Fluctuation rate, 2,3%