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UKRAINIAN DAIRY MARKET

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

several foreign currencies  

 

16 .02.2012

0 9 .02.2012

02.02.2012

25 .01.2012

100  US$

798,8100

798,9900

798,9700

798,9800

100 EUR

1045,8021

1060,5793

1052,6430

1034,0399

10 RUB

2,6677

2,6908

2,6276

2,6053

 

 

While speaking in Inter TV channel interview within last week, Ukrainian Minister of Agrarian Policy and Food Mykola Prysiazhniuk admitted each year Ukraine exports in total 80,000 MT cheese to 16 countries (incl. 65,000 MT — to RF).

As to Minister, those 3 Ukrainian cheese plants whose ready products had been recently prohibited by Rospotrebnadzor to be imported to RF, assure over 30% of Ukrainian total cheeses’ export to RF.

«That is, ban on these 3 plants’ export shipments is a significant, but not catastrophic event. There is nothing shocking about it. Thus, we all have seen Japan has recently prohibited agricultural products’ import from world developed countries,» recapitulated Minister.

In meanwhile, within reporting week Ukrainian home/export dairy products’ markets demand remained, as earlier, slack; all dairy products’ reserves on producers’ warehouses have been growing up. Besides, as of recent, dairy products’ prices on RF/Belarus domestic markets have declined, — what has pressed down our country’s home/export markets’ dairy products prices within this week.         

Due to RF ban on import of several Ukrainian kinds of cheeses, within reporting week our country’s domestic market cheese prices have declined to UAH50–54 per kg, down 1% against previous week (export market — to US$5,600–5,900 per MT, down 1.3% as of last week). Within this week Ukrainian producers’ unsold cheese reserves were growing up; at same time, domestic/foreign markets’ demand remained slack. 

In meanwhile, within reporting week Ukrainian home market SMP prices have sagged to UAH26–30 per kg, down 3.4% against previous week (export — to US$2,650–3,200 per MT, down 0.7% as of last week). 

Within reporting week Ukrainian internal/foreign markets’ WMP demand remained low; so this week WMP prices remained unchanged as of last week: internal market — UAH36–37 per kg, foreign market — US$3,500–3,600 per MT. It is to be admitted, our country’s internal/foreign markets’ milk powder prices have declined not only due to domestic/export demand decline, but also owning to many butter/cheese producers having switched to SMP/WMP output.

Within reporting week Ukrainian domestic market casein prices have declined to  UAH75–79 per kg, down 0.6% against previous week (export prices remained unchanged  — US$8,500–8,700 per MT). As of this week, Ukrainian export market casein was low.

This week Ukrainian casein output remained slack; producers’ unsold casein reserves were low.        

  As earlier, within this week RF/Belarus domestic markets’ low butter prices continued pressing down Ukrainian home/export markets’ butter prices. That’s why Ukrainian export market butter demand continued lowering, resulting in home market butter prices’ corresponding decline. Besides, prices’ decline on EU and Oceania countries’ domestic markets has appeared to be one more factor to force down Ukrainian butter prices within this week. As of this week, Ukrainian home market butter prices fluctuated within  UAH37,8–39,0 per kg (export — US$3,700–3,970 per MT).  

  Within reporting week Ukrainian home/export markets’ whey prices remained same as within previous week. Within this week Ukrainian home/export markets’ demineralized whey demand has slackened as of last week.

Within this week our country producers’ unsold demineralized whey reserves have been boosting up; as of these week, home market demineralized whey prices ranged within UAH9,8–10,3 per kg (export — US$990–1,030 per MT).

Within this week Ukrainian domestic market classic whey prices ranged within     UAH9,55–9,8 per kg (export — US$940–950 per MT).

It is to be admitted, Ukrainian cheese output decline hasn’t provoked our country’s whey domestic/export prices’ growth, — what is to be explained with Belarus/RF domestic markets’ whey low prices.   

 

 

Ukrainian dairy products’ domestic market prices,

EXW plant (UAH per MT, incl. VAT )   

Article

16 .0 2 . 20 12

0 9.0 2 . 20 12

Jan 2012

Dec 2011

Jan 2011

MIN

MAX

MIN

MAX

SMP

26,000

30,000

27,000

31,000

29,250

28,400

26,333

WMP

=

36,000

37,000

36,000

37,000

36,500

36,500

36,000

Block butter (72,5%, DSTU )

37,800

39,000

38,000

39,500

39,333

40,500

41,500

Hard full-fat cheeses (45–50%)

50,000

54,000

50,000

55,000

53,000

53,000

45,000

Highest grade technical casein

=

75,000

79,000

75,000

79,000

77,500

77,150

59,167

Demineralized whey

=

9,800

10,300

9,800

10,300

10,150

10,300

-

Classic whey

=

9,550

9,800

9,550

9,800

9,550

9,400

-

SMP − Skimmed Milk Powder, WMP − Whole Milk Powder

 

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

Article

16 .0 2 . 20 12

0 9.0 2 . 20 12

Jan 2012

Dec 2011

Jan 2011

MIN

MAX

MIN

MAX

SMP

2,650

3,200

2,690

3,200

2,975

2,950

2,833

WMP

=

3,500

3,600

3,500

3,600

3,550

3,550

3,900

Block butter (72,5%, DSTU )

3,700

3,970

3,720

3,970

3,860

3,882

4,950

Hard full-fat cheeses (45–50%)

5,600

5,900

5,750

5,900

5,875

5,875

5,683

Highest grade technical casein

=

8,500

8,700

8,500

8,700

8,850

8,820

7,467

Demineralized whey

=

990

1,030

990

1,030

1,003

1,050

-

Classic whey

=

940

950

940

950

930

910

-

SMP − Skimmed Milk Powder, WMP − Whole Milk Powder

 

 

27.02.2012


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