Milk Powder prices in Russia not going up yet

For now there is enough milk powder both in Russia and in Belarus.

Taking into account the volume of stocks, it is possible to forecast that autumn will pass without vital problems for operators. Later Argentina or Uruguay may deliver the products. Even New Zealand may join them, if China does not become more active.

Market prices are evidence of mentioned tendencies. If their growth is observed it is not considerable. They are at about RUR 170/kg.

Even previous level of Belarusian indicative had not suit the market, but officials raised it by RUR 5 more. Moreover, now the stocks of SMP are at nearly 16 ths tonnes in Belarus.
Market of WMP did not suffer from the ban also, as almost all import to Russia comes from Belarus, except small share of Argentina (8% in the first half of the year) and absolutely small – from the EU (less than 5%).

In the middle of August, WMP costs RUR 186-198/kg on the Russian market.

Nevertheless the prices for milk powder should strengthen in Russia under influence of agiotage, and due to beginning of price rise for raw milk.

Source: infagro.com.ua

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