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Home > Brief > Weekly Reports

UKRAINIAN DAIRY MARKET

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

several foreign currencies

1 9 .07.2012

12.07.2012

05.07.2012

27 .0 6 .2012

100 US$

799,300

799,300

799,2500

799,2500

100EUR

977,8636

979,9418

1003.8580

997,0644

10RUB

2,4667

2,4348

2,4816

2,4093

In meanwhile, within reporting week purchasers activity on Ukrainian domestic/export markets remained low resulting in some dairy products prices having declined. Low sales are to be explained with following factors: domestic summer vacations time beginning, seasonal growth (which has become really huge) of unsold dairy products on producers warehouses and, besides, global market unsold dairy products amount growth.

Thus, within this week internal market block butter (72.5% fat, DSTU) prices have fallen to UAH29–31per kg (down 1.64% against previous week/down 10.45% as of last month similar); foreign market prices have dropped to US$3,100–3,200per MT (down 1.56% as of last week/down 6.33% as of previous month similar). It is to be admitted, within reporting week Ukrainian domestic market demand was slackening.

It is to be mentioned, within this week Ukrainian domestic butter market was additionally pressed down by domestic shipments of cheap butter (UAH25per kg) made by Ukrainian State-owned company State Reserve.

Within reporting week Ukrainian domestic market cheese prices have sagged to UAH46–52per kg (down 2.00% against previous week/down 3.21% against last month similar); export market prices were US$5,200–5,900per MT (same as within previous week, but down 0.23% as of last month similar).

This week Ukrainian domestic market cheese demand has slackened as of last week; export market demand, however, remained unchanged.

Within reporting week Ukrainian domestic market casein prices have strengthened to UAH59–66per kg (up 0.81% against previous week); export market prices have improved to US$6,300–6,600per MT (up 0.81% as of last week/up 1.77% against previous month similar).

Within reporting week Ukrainian domestic market casein prices have declined to UAH55–64per kg (down 4.80% against previous week/down 5.18% as of last month similar); export market prices equaled to US$6,200–6,600per MT (down 4.80% as of last week, but up 0.98% against previous month similar).

As of this week, Ukrainian domestic/export markets casein offer has boosted against previous week.

Within this week Ukrainian home/export markets whey prices have declined: thus, domestic market demineralized whey prices have sagged to UAH7,50–8,30per kg (down 4.6% as of previous week); export market prices have lowered to US$760–870per MT (down 3.0% against previous week).

Within this week domestic market classic whey prices have sagged to UAH6,80–7,10per kg, down 0.71% against previous week, while export prices have dropped to US$700–710per MT, down 0.70% as of last week.

It is to be admitted, within this week Ukrainian domestic/export markets whey purchasers activity has slackened against previous week.

It is to be admitted, within this week Ukrainian domestic market demineralized whey prices have declined by 2.37% against last month similar (export prices - by 2.70%); domestic market classic whey prices have fallen by 2.97% against last month similar (export prices- by 3.82%).

Besides, within reporting week Ukrainian domestic market SMP prices equaled to UAH19–22per kg (same as within previous week, but down 6.29% against previous month similar); export market prices were US$2,100–2,800per MT (same as within previous week, but down 1.76% as of last month similar).

Within this week Ukrainian companies have been exporting SMP to RF at US$2,600–2,800per MT.

It is to be admitted, within this week Ukrainian domestic/export markets SMP demand remained stable.

In meanwhile, within reporting week Ukrainian domestic/export markets WMP prices remained same as within previous week: thus, domestic market prices were UAH33–36per kg, export- US$3,300–3,600per MT. It is to be mentioned, there was no WMP trade on Ukrainian domestic/export markets within this week. As earlier, within this week amount of unsold WMP reserves on Ukrainian producers warehouses was high.

Ukrainian dairy products domestic market prices,

EXW plant (UAH per MT, incl. VAT )

Article

1 9 .07. 2012

12 .07. 20 12

Jun 2012

May 2012

Jun 2011

MIN

MAX

MIN

MAX

SMP

=

19,000

22,000

19,000

22,000

21,875

22,100

29,667

WMP

=

33,000

36,000

33,000

36,000

35,500

35,900

34,500

Block butter (72,5%, DSTU )

29,000

31,000

29,000

32,000

33,500

34,500

41,500

Hard full-fat cheeses (45–50%)

46,000

52,000

46,000

54,000

50,625

50,800

46,417

Highest grade technical casein

55,000

64,000

59,000

66,000

62,750

65,700

79,283

Demineralized whey

7,500

8,300

7,700

8,900

8,450

8,930

-

Classic whey

6,800

7,100

6,800

7,200

7,163

7,990

-

SMP − Skimmed Milk Powder, WMP − Whole Milk Powder

Ukrainian dairy products export prices (US$ per MT)

Article

1 9 .07. 20 12

12 .07. 20 12

Jun 2012

May 2012

Jun 2011

MIN

MAX

MIN

MAX

SMP

=

2,100

2,800

2,100

2,800

2,494

2,430

3,066

WMP

=

3,300

3,600

3,300

3,600

3,500

3,520

3,500

Block butter (72,5%, DSTU )

3,100

3,200

3,100

3,300

3,363

3,350

3,865

Hard full-fat cheeses (45–50%)

=

5,200

5,900

5,200

5,900

5,563

5,600

5,221

Highest grade technical casein

6,200

6,600

6,300

6,600

6,338

6,680

9,300

Demineralized whey

760

870

790

890

853

882

-

Classic whey

700

710

700

720

733

794

-

 SMP − Skimmed Milk Powder, WMP − Whole Milk Powder

25.07.2012


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