casein,
price,
production of casein
Production of casein has almost ceased in Ukraine
Due to both seasonality and low demand prices on the external markets production of casein has almost ceased in Ukraine.
However, a number of dairy market operators still have a certain amount of the product in store. They still hope for a casein price increase.
In the meantime, traders are in no hurry to indulge sellers. Only in rare cases they agree to pay over 5,500 USD/t for Ukrainian make casein. But as the importers' stockpiles reduce, they will become more flexible regarding the price increase, because the world prices for the commodity are getting a bit higher.
Belarussian producers of casein make quite significant impact on the market. As they sell butter to Russia at a very high price, they do to bargain much selling casein. In recent years Belarus produces even bigger volumes of casein than Ukraine does, namely, about 250 t per month.
In Ukraine, in November 2016 there were produced 164 t of casein. In December the volume will be much lower.