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Chinese Milk Powder Inventories Are over 300 Thousand Tons
by Alice Chen on May 13, 2009
Author: Alice Chen In September 2008, there occurred serious poor sales in the domestic dairy products after the outbreak of the melamine event. By November 2008, Chinese domestic milk powder inventories exceeded 300 thousand tons. Subsequently, as partial market confidence was recovered and the peak consumption time coming of the traditional dairy products in Chinese spring festival, the inventories were cut down to 100 thousand tons, however, which was increased fast to 300 thousand tons in short time recently. Compared with the same figure of 300 thousand tons in 2008, there is essentially huge difference. After the outbreak of melamine event, Chinese dairy product industry suffered from heavy losses. From November 2008, there was the cow slaughter in large scale, leading to the decline in the raw milk supplies in short time. Under the circumstances of the decline in the raw milk supplies, the above mentioned scaled milk powder inventories show Chinese dairy...Read More >>
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