Ukraine: demand for packed condensed milk is high
Demand for condensed milk grew on the eve of holidays, though not soconsiderably, as previous years.
Last years the sales of not canned condensed milk were good at this time. Now confectioners are very passive. At the same time an interest to canned condensed milk grew. Prices for these products are increased on the threshold of New Year.
At the end of December, producers of canned milk offer their products to distributors on the domestic market at the following price: “Standard” (GOST) – UAH 12.7-14.0/can (380g), “Almost Standard” (almost GOST) – UAH 10.5-12.7/can, made by Technical Specifications (TU) – UAH 7.0-10.0 can. Not canned condensed milk cost UAH 23-25/kg (GOST), UAH 18-22/kg (“confectionery” GOST) and UAH 12-17/kg (TU).
GOST-made condensed milk is contracted for export at USD 0.70-0.75/can. High quality products made by TU are exported at USD 0.60-0.65/can. Products made with use of palm oil and whey are exported at USD 0.50-0.55/can.
Production of condensed milk grew again in Ukraine last month, because of expected increase of internal sales and due to active export.