date:Jul 04, 2014
Chinas purchasing of skim milk powder (SMP) has continued to ease over recent months. However, as this decline comes on the back of record highs in December 2013, the countrys total SMP imports for the first five months of the year are up almost 90% on the same period in 2013.
The EU has benefitted from this growth, with a five-fold increase in export volumes of SMP destined for China between January and April, when compared to the same four months in 2013. While wholesale prices started to dec