Ukraine: casein season starts in April

Demand and prices for casein decreased in Ukraine.

Butter fell in price also. Therefore producers do not hurry to start the season.

European traders value Ukrainian technical casein at about USD 5500/t, and even lower.

Producers are unwilling to sell the products at such low prices, as they are already on the verge of prime cost, taking into account price of butter and raw milk.

Growth of production occurs nevertheless. 162 t of the products were produced last month in Ukraine, which was by seven times more in comparison with February 2014.

Production will increase further, but rate of growth will depend on the prices offered by traders.

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