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UKRAINIAN DAIRY MARKET

AGRO PERSPECTIVE «AGRO+ MILK UKRAINE #69 June 02, 2011.

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

01.06.2011

25.05.2011

18.05.2011

11.05.2011

100 US$

797,1500

798,370

797,8500

796,84

100 EUR

1146,7003

1124,8235

1130,6332

1144,1029

10 RUB

2,8489

2,8075

2,8375

2,8597

100 KZT

5,4813

5,4916

5,4741

5,4615

As to State Statistics Committee data, Ukrainian Apr 2011 fermented milk products’   import has grown to 674,330 MT, up 0.8% against Mar 2011. In Apr 2011, Ukraine imported fermented milk products mainly from RF (546,690 MT). 
As to Committee, Ukrainian Apr 2011 fermented milk products’ output equaled to  37,769 MT (down 5.2% against Mar 2011, but up 0.8% as of Mar 2010). In Apr 2011, Kyiv region, Lviv region, Dnipropetrovsk region and Kharkiv region have succeeded to produce biggest fermented milk products’ lots among all other Ukrainian regions; leading producers were CJSC Galychyna (Lviv region) and CJSC Donetskiy City Dairy Plant ¹2 (Donetsk region).
Within reporting week Ukrainian domestic market SMP prices have grown to   UAH26–29 per kg, up 1.9% against previous week; however, this week domestic market SMP sale rates remained insignificant.
Within this week SMP export prices (for non-CIS countries) have risen to S$2,900–3,100 per MT, up 12.1% as of previous week US$2,600–2,750 per MT.
It is to be admitted, within this year May Ukrainian domestic market SMP prices fluctuated within very wide range: those producers which make high-quality SMP (as well as those which have succeeded to enter RF market) were selling SMP at rather high prices — UAH27,000–30,000 per MT, while producers which make ordinary SMP (as well as producers oriented upon western countries’ purchasers)  had to sell their SMP at prices down 10–13%.         
In meanwhile, global SMP market recent stabilization has stimulated traders to resume Ukrainian SMP purchases; as of this week, some traders were bidding, as earlier, US$2,700 per MT purchase prices, while others were ready to pay even US$3,000 per MT for high-quality SMP.
Within reporting week SMP export price (RF/Kazakhstan) was about US$3,300 per MT.
Within reporting week domestic market WMP prices remained UAH33–34 per kg, unchanged against previous week; however, this week WMP export prices have grown to US$3,400–3,600 per MT. 
Within this week domestic market cheese prices have climbed to UAH45–48,5 per kg, up 8.1% against previous week. As of this week, Ukrainian companies exported cheese in just small lots with export prices fluctuating within US$5,100–5,300 per MT. 
Within reporting week domestic/global market casein prices have grown against previous week.
Within this week domestic market casein prices ranged within UAH78–79 per kg; as of this week, casein export prices have grown to US$9,200–9,300 per MT, up 0.8% as of last week.
Within reporting week domestic market butter prices have risen by 6.8% against previous week, — up to UAH39–40 per kg; this week butter export prices remained US$3,700–3,900 per MT, unchanged as of last week.

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

Article

 

01.06.2011

26.05.2011

May 2011

Apr 2011

May 2010

MIN

MAX

MIN

MAX

SMP

2,900

3,100

2,600

2,750

2,794

2,813

2,663

WMP

3,400

3,600

3,450

3,500

3,363

3,650

3,094

Block butter (72,5%, DSTU)

=

3,700

3,900

3,700

3,900

3,813

4,200

3,256

Hard full-fat cheeses (45–50%)

¯

5,100

5,300

5,400

5,600

5,119

5,263

4,425

Highest grade technical casein

9,200

9,300

9,100

9,250

8,038

8,669

7,319

SMP − Skimmed Milk Powder, WMP − Whole Milk Powder

Ukrainian dairy products’ domestic market prices,
EXW plant (UAH per MT, incl. VAT)  

Article

 

01.06.2011

26.05.2011

May 2011

Apr 2011

May 2010

MIN

MAX

MIN

MAX

SMP

26,000

29,000

25,500

28,500

26,625

24,875

25,625

WMP

=

33,000

34,000

33,000

34,000

34,500

35,250

28,250

Block butter (72,5%, DSTU)

39,000

40,000

36,000

38,000

34,812.5

32,875

29,375

Hard full-fat cheeses (45–50%)

45,000

48,500

39,000

45,000

41,250

42,875

36,750

Highest grade technical casein

78,000

79,000

74,000

76,000

73,000

72,500

59,125

SMP − Skimmed Milk Powder, WMP − Whole Milk Powder

01.07.2011


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