COFCO eyes overseas acquisition for sugar, wine sectors
date:Sep 29, 2013
lk companies are already suffering from a shortage of milk sources, which started at the beginning of the year, forcing the firms to raise the price of their products.
Mengniu, for instance, has recently raised the price of its products by 4.9 percent on average.

The company said in a recent statement that it was forced to raise the prices because the cost of milk supplies increased by about 12 percent, and in some areas 18 percent, since the beginning of the year.

Song said the recent price s
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