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Will new formula imports bring down prices in China?

Friday, 10 April 2015 13:55 Published in News & Updates

New Hope Trading recently unveiled in China a 99 yuan (US$16) infant formula from New Zealand. Another importer, Yashili, also announced that it will launch an imported baby formula at around 100 yuan (US$16) a can, according to Shanghai's China Business News. A dairy industry source said that the cost of imported formula is about 67 yuan (US$10.80) a can,. Read more

New products aim to milk the dairy industry

Wednesday, 01 April 2015 16:41 Published in News & Updates

Milk may do the body good, but the volatility of the market shows no overall consensus on the matter. In 2014, U.S. milk sales reached record highs alongside record-high milk prices due to the increasing global demand dairy farmers struggled to keep up with. However, in 2015, those same industry results may not be the case.. Read more

VN dairy producers pour money into liquid milk projects

Monday, 23 February 2015 08:44 Published in News & Updates

Vietnam - Analysts say dairy market growth comes mostly from powdered and liquid milk products which make up 74 percent (with revenue of VND45.9 trillion) of the total market value. There appears to be little room for Vietnamese dairy producers in the powdered milk market, where foreign brands account for 75 percent of the market share..Read more

China Exclusive: Will China become cash cow for Australia's dairies?

Monday, 16 February 2015 16:07 Published in News & Updates

China - NANNING, Feb. 15 (Xinhua) -- Australian dairies are preparing an onslaught on China's market, now that a free trade deal has made things easier for them. The free trade agreement means China will eliminate a 5 percent tariff on Australian milk formula within four years and the 9 percent tariff on liquid milk will go within nine years..Read more

China dairy imports reach record levels in 2014

Monday, 16 February 2015 08:20 Published in News & Updates

China - There was strong growth in liquid milk, cheese and butter while imports of whey powders fell slightly, according to Bord Bia. Demand for imported dairy is expected to increase in 2015, with Chinese farmers struggling to compete with foreign prices. China’s dairy demand is growing in line with urbanization trends..Read more