China - Imported milk products are rapidly increasing their share in the Chinese market due to their low prices, posing a threat to domestic middle- and high-end milk products, Shanghai's China Business News reports. The sales of imported milk in China grew by nearly 70% in 2014 from the previous year,..Read more
China - In 2013, high end liquid milk in China grew by 25.4 percent and it’s predicted the trend will continue and retail sales will reach US$11.36 billion in 2017. The dairy product industry of China grew at 12.3 percent Compound Annual Growth Rate during 2004 to 2013. Liquid milk industry represents the Chinese dairy products market..Read more
While not a certainty, global milk prices are liekly to recover beginning in the third and fourth quarter of 2015, says Tim Hunt, global dairy strategist for Rabobank. Hunt spoke this afternoon at the 2015 Dairy Forum here in Boca Rotan, Fla. "As dairy product prices come down globally, we'll squeeze out demand that we had shut down for the past two years,"..Read more
Latest data from the US Department of Agriculture (USDA) suggests Chinese dairy imports will remain sluggish in 2015. In its latest outlook for dairy markets in 2015, it has foretasted for Chinese imports of WMP to decline by 12% as China’s economic GDP growth is expected to slow from a projected rate of 7.4% this year to 6.5% in 2015..Read more
China - The issue of dairy farmers having difficulty in selling their milk in some regions of the country is not necessarily due to imports of dairy products, Shen Danyang, spokesperson for the Ministry of Commerce, said at a news conference in Beijing on Wednesday..Read more
