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Ukraine: Butter will continue to rise in price, but the pace will slow down

Ukraine
Published Sep 6, 2021

Tridge summary

World prices for butter rose in August, so it also rose in price in Ukraine. This is stated in the message "Infagro", writes agronews.ua. It is noted that the production of butter has decreased, exports until recently were relatively active, and imports were significantly lower than last year. That is, stocks of goods in the country are small. At the end of August, depending on the fat content, the price range of producers from 140 to 167 thousand UAH per ton.

Original content

At such domestic prices, the volume of export transactions decreased significantly. "Oil prices in Ukraine are likely to continue to rise, but growth will slow. Current oil production still fully meets demand, despite its significant reduction. Last month, 6.7 thousand tons of goods were produced, which is 13% less than in August 2020. But in the autumn months we should expect a significant reduction in oil production, which certainly will not help reduce prices, "- experts predict. Analysts predict that from the fall there will be some increase in the ...
Source: AgronewsUA
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