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UKRAINIAN DAIRY MARKET

AGRO PERSPECTIVE «AGRO+ MILK UKRAINE #133 August 30, 2012.

UAH official exchange rate (up to National Bank of Ukraine) against

several foreign currencies
 

30  .08.2012

22.08.2012

16  .08.2012

09.08.2012

100  US$

799,300

799,300

799,300

799,300

100 EUR

1002,7219

993,3700

981,2207

986.0165

10 RUB

5,3497

5,3519

2,5093

2,5222

In meanwhile, within reporting week global market dairy products’ prices continued going up thus resulting in Ukrainian domestic market prices’ corresponding growth. It is to be admitted, within this week Ukrainian both domestic and export markets were characterized with prices’ growth, — as there was no prospect of global market prices’ decline. Besides, prices’ growth was stimulated also by RF domestic market raw milk output seasonal lowering.

Within this week Ukrainian domestic market SMP prices have boosted to UAH23–25 per kg (up 4.3% as of last week/up 10.86% against last month similar), export — to US$2,450–3,100 per MT (up 2.78% as of previous week/up 11.27% against last month similar). It is to be admitted, within this week Ukrainian export market demand continued growing thus causing domestic market prices’ boost.

As of this week, Ukraine exported SMP to RF at US$2,900–3,100 per MT.

In meanwhile, within reporting week Ukrainian domestic/export markets’ WMP prices remained same as within previous week: domestic — UAH35–36 per kg (export  — US$3,400–3,600 per MT). There were no domestic/export markets’ sales. Ukrainian producers’ WMP reserves were high.

Within this week internal market block butter (72.5% fat, DSTU) prices have strengthened to UAH34–35 per kg (up 2.99% against previous week/up 2.99% as of last month similar). At same time, foreign market prices have risen to US$3,300–3,500 per MT (up 3.03% as of previous week/up 1.10% as of last month similar).

It is to be admitted, within this week Ukrainian domestic market demand growth (caused by Ukrainian summer vacations’ period ending and butter output seasonal decline) has stimulated butter prices’ corresponding boost.

As of this week, Ukrainian domestic market cheese prices ranged within UAH45–50 per kg (same as within previous week, but down 6.17% against previous month similar); export market prices were US$5,300–5,900 per MT (same as within last week, but up 0.67% against previous month similar).

As earlier, within this week Ukrainian domestic/export cheese markets’ demand remained unchanged.

Within reporting week Ukrainian domestic market casein prices have declined to UAH56–62 per kg (down 5.98% against last month similar); export market prices were US$6,800–7,100 per MT (same as within previous week, but up 9.66% against previous month similar).

As of this week, Ukrainian domestic/export markets’ casein offer remained unchanged.

Within this week Ukrainian domestic market demineralized whey prices were UAH8,30–8,50 per kg (same as within previous week, but up 0.59% against previous month similar); export market prices have improved to US$890–940 per MT (up 3.39% against previous week/up 7.27% as of last month similar).

Within this week domestic market classic whey prices were UAH7,90–8,00 per kg (same as within previous week, but up 10.99% as of last month similar), while export prices have improved to US$840–870 per MT (up 1.79% as of last week/up 16.64% against previous month similar).

Within this week Ukrainian home/export markets’ whey demand continued growing up, with whey demand characterized with especial growth.

It is to be admitted, Ukrainian home/export markets’ whey prices were boosting up due to producers’ low reserves.

Ukrainian dairy products’ domestic market prices,

EXW plant (UAH per MT, incl. VAT )

Article

29.08. 20  12

22.08. 20  12

Jun 2012

Jul 2012

Jul 2011

MIN

MAX

MIN

MAX

SMP

23,000

25,000

22,000

24,000

21,875

20,375

31,788

WMP

35,000

36,000

35,000

36,000

35,500

34,750

35,750

Block butter (72,5%, DSTU )

34,000

35,000

32,000

35,000

33,500

30,625

44,875

Hard full-fat cheeses (45–50%)

=

45,000

50,000

45,000

50,000

50,625

49,250

44,375

Highest grade technical casein

=

56,000

62,000

56,000

62,000

62,750

60,625

75,813

Demineralized whey

8,300

8,500

8,300

8,500

8,450

8,038

-

Classic whey

7,900

8,000

7,900

8,000

7,163

6,950

-

SMP − Skimmed Milk Powder, WMP − Whole Milk Powder

Ukrainian dairy products’ export prices (US$ per MT)

Article

29.08. 20  12

22.08. 20  12

Jun 2012

Jul 2012

Jul 2011

MIN

MAX

MIN

MAX

SMP

2,450

3,100

2,400

3,000

2,494

2,450

3,129

WMP

3,400

3,600

3,400

3,600

3,500

3,463

3,500

Block butter (72,5%, DSTU )

3,300

3,500

3,200

3,400

3,363

3,206

3,944

Hard full-fat cheeses (45–50%)

=

5,300

5,900

5,300

5,900

5,563

5,538

5,281

Highest grade technical casein

=

6,800

7,100

6,800

7,100

6,338

6,400

8,834

Demineralized whey

890

940

870

900

853

823

-

Classic whey

840

870

830

850

733

704

-

SMP − Skimmed Milk Powder, WMP − Whole Milk Powder

10.09.2012


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