date:Jul 17, 2013
Fonterra says it will cut prices for its Anmum brand milk products in China after the government started a probe into possible price-fixing.
The products include specially formulated milks for women planning to start a family, during pregnancy and while breastfeeding, as well as products for infants and young children.
The farmer co-operative will reduce prices by 9% next month, the sixth foreign company to cut prices since the probe began.
Fonterra says the move is meant to ensure its produc