After activation of butter market in the end of June, followed by rise of prices, by the middle of July demand has weakened in Russia.
Supply of the product is really big now. There are fresh products from Belarus, butter of Russian origin which was actively processed from surplus of milk, and also old products.
Probably therefore buyers decided to lower prices of demand.
In Russia the prices for butter stopped the growth. Now they are at RUR 168-175/kg. At the same time it is possible to receive easily a discount of RUR 2-3 for large volumes of the products.
Source: infagro.com.ua