Ukraine: export share of condensed milk became the biggest
In structure of dairy export the share of condensed milk became the biggest.
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Belarus to Russia: upset because of ruble devaluation
Belarusians hoped for seasonal rise of prices in Russia. In conditions of sanctions it promised good profits for processors and traders. Instead of that they faced decrease of demand and prices for commodity products and losses from weakened RUB.
European Commission proposes extension to storage aid scheme for dairy products
A proposal to extend private storage aid (PSA) for butter and SMP will be voted on next week by the European Commission according to DairyCo.
Prices for fresh dairy products in Ukraine are steadily growing
Declined purchasing capacity does not prevent stable increase of prices for fresh milk products. Every month almost all operators increase the prices for basic assortment by 3-5%.
Russians don’t have money for expensive dairy products
Situation with demand for dairy products is complicated in Russia – prices are growing, people began to save expenses.
Cheese prices in Russia are on record level, demand has weakened
Taking into account prompt increase of prices for hard cheeses, consumer demand was essentially weakened in October.
Whey price falling in Russia temporarily stopped
It seems the Russian vendors managed to stop the outlined in the beginning of October tendency of price decline.
Dairy prices ease, as China absence relaxes rivals
Dairy prices at GlobalDairyTrade returned to declining, albeit by a small level overall, amid ideas that buyers, in the absence of large Chinese buying, remain relaxed about purchases, even at among hte cheapest levels in five years.
The price for Ukrainian raw milk is too high as for market situation
Despite Russian ban on import, there are no big surpluses of milk on Ukrainian market. The situation is rescued by seasonal reduction of production.
No growth in Chinese dairy market expected until Q3 2015
Rabobank Dairy Research specialist Sandy Chen told members of the Irish trade delegation visiting China this week that it will take up to 12 months for the Chinese market to strengthen significantly.