Ukraine’s milk prices may plunge if Russia continues ban

Ukraine’s milk prices may plunge by 30% if Russia doesn’t lift its ban on imports of dairy products from Ukraine, told Vadym Chagarovsky, the board chairman of the dairy producer association, Ukrainian journal reported. The association unites 55 biggest dairy producers.

 

Ukraine may suffer up to $60 mln in losses due to the ban imposed on Jan. 20, analysts said.