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«AgroInvest» — News — Union Of Dairy Enterprises Claims Manufacturers Cutting Prices Of Cheese By Between 10% And 20%

Union Of Dairy Enterprises Claims Manufacturers Cutting Prices Of Cheese By Between 10% And 20%

2010-11-09 16:04:04

The Union of Dairy Enterprises claims that manufacturers are cutting prices of cheese by between 10% and 20%, Union board chairman Vadim Chaharovskyi has told a news conference.

"A reduction as such took place between ten percent and twenty percent, depending on the manufacturer," he said.

Chaharovskyi specified these to be the factory prices; he stressed in the retailing chains the price of this produce would go down in a fortnight.

"In the chains the reaction to the reduction [of wholesale factory] prices goes in approximately two weeks," he said.

There will be no subsequent price falls for hard cheese or butter, Chaharovskyi remarked.

What concerns the prices of whole-milk products, he predicts a 5-percent upward revision later this year.

As Ukrainian News earlier reported, the Antimonopoly Committee of Ukraine on November 5 compelled 11 milk-processing enterprises to bring down wholesale factory prices for milk, sour cream, butter and hard cheese in a phased approach.

In particular, the demand applies to: Milkiland Ukraine , Terra Food, Milk Alliance, Unimilk, Danone Ukraine , Wimm-Bill-Dann Ukraine , Cheese Club Corporation, Halychyna, the Shostka municipal dairy combine, Molis and Lactalis Mykolaiv.

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