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Global dairy prices dip as virus hits

Movement seen as short-term reaction.  

Tim Hunter Wed, 05 Feb 2020

Commodity dairy prices have dipped 4.7% in the latest Global Dairy Trade auction, after gains in January, with whole milk powder suffering the largest fall.

ASB Bank chief economist Nick Tuffley said the drop had been signalled in futures prices and indicated the impact of the coronavirus

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Tim Hunter Wed, 05 Feb 2020
Contact the Writer: thunter@nbr.co.nz
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Global dairy prices dip as virus hits
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