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Coronavirus infects global dairy trade overnight

Lower Chinese growth takes a toll on Asia Pacific trade, tourism, supply chain.

Dita De Boni Wed, 19 Feb 2020

Lower Chinese import demand has taken a toll at the GlobalDairyTrade auction overnight, with the price of whole milk powder slumping 2.6% to $US2966 a tonne.

After falling 6.2% on February 5, the price of the product is at a six-month low.  

Skim milk powder also dropped by 2.6% to $US2840 a

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Dita De Boni Wed, 19 Feb 2020
Contact the Writer: dita@nbr.co.nz
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Coronavirus infects global dairy trade overnight
General Business,
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