Date
19 October 2017

China may face milk shortage in 2015, report says

China may face a milk shortage in 2015 amid rapid demand growth, National Business Daily reported late Tuesday, citing market research firm Mintel. Milk demand is expected to increase 8.2 percent annually in the five years to 2017, buy supply may only grow at a 1.2 percent pace during the period, the report said. The situation may lead to a jump in prices of dairy products, a researcher from Mintel was quoted as saying.

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MY/AC/RC

 

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