April issue of dairy products china news comes out
April Issue of Dairy Products China News Comes OutSummary: April issue of Dairy Products China News covers a range of sectordevelopments but stand outs are Wahaha seeking dairy farms in Australia andFonterra looking to expand its dairy farms in China.Tag: dairy, dairy product, China, Wahaha, dairy farm, Fonterra, milk, milk powder, Yili,consumption, investment, grain & food processor, food safetyCCM International’s April issue of Dairy Products China News has newly published recently.The latest issue covers a range of sector developments but stand outs are Wahaha seekingdairy farms in Australia and Fonterra looking to expand its dairy farms in China. Heading tofarm in either direction demands deep pockets and political goodwill. The idea of partnershipsto facilitate such ventures – whether between Fonterra and Shanghai Pengxin or others –may make a lot of sense.Certainly producing milk in China has state support: the Chinese Government wantsinternational dairy companies to establish industrial-style farms to produce high quality freshmilk for its consumers weary of food scares centred on dairy products. Ironically perhaps –although in truth this signifies a structural adjustment in the sector which should surprise no-one – the corollary of this is that for many dairy farmers in China life is getting harder. Therecent reduced prices for milk being paid by Wondersun in Heilongjiang present a contrast tothe April prices rises from Mead Johnson and Nestlé. Such price rises appear to have limitedimpact on sales, reflecting the specifics of the product category.At a wide level, unexpectedly low import figures for March 2012 reflect modest levels ofdomestic demand in China. These are figures to watch as private consumption needs to riseto reduce the need for investment spending. Doubters over the economy’s future are not hardto find, although most private sector forecasters remain positive. The Asian DevelopmentBank, for one, expects GDP to rise to 8.5% in 2012 and consumption to grow by 12% in 2012
and 2013, reflecting higher wages and rising government expenditure on social services. Itbelieves the latter will encourage Chinese consumers to save less: going on price trends, theymay well have to. Please check the April Issue of Dairy Products China News to discovermore.Headline News in the latest issue include:-Recently, several large-scale grain & food processors have made steps towards furtherdiversification – a sign of trends in the market which seem likely to accelerate in the future.-In late February, the General Administration of Customs of China confirms a higher tariff onmilk powder imported from New Zealand from 1 March.-On 6 March, the State Council issues a new policy to support the development of leadingagriculture enterprises in line with recent trends in the agribusiness sector.-Yunnan launches a guideline for the formulation of local food safety standards which is beingimplemented from 1 April.-On 14 March, Yili announces its investment programme and development goals for 2012,shortly after the release of its full report for 2011.-On 3 March, Wahaha reveals its plans for dairy farming in Australia, in line with thecompany’s diversification and integration strategies.……Dairy Products China News, is co-published by CCM International & Orrani Consulting, whichis unique in combining genuinely global experience in the dairy industry. Dairy Products ChinaNews brings you the latest information on new market dynamics, company dynamics, newdairy products and consumption trend, new legislations and policies and raw milk supplydynamics that are shaping the market. If you need more information of this newsletter, pleasefeel free to contact us at email@example.com.
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