Ukraine: butter prices skyrocketing

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Butter is already sold  at the price higher than that of cheese. This does not correspond to any logic – INFAGRO.

Sellers have got excited by the increase in prices, but consumers do not seem to be ready to meet the dairies’ “growing appetite”.

At the end of September the price for Selyanske butter was about 95,000 UAH/t. The 82% butter is offered at prices even higher than 110,000 UAH/t.

The desire to increase the price for the domestic market now is not even due to the ability to sell more expensive goods for export.

So, the pace of price growth in Ukrainian market of butter in the near future will at least slow down especially considering that production of butter will not fall quickly due to the vigorous activity of producers of cheese products.

INFAGRO

 

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