date:Dec 23, 2013
higher-yielding WMP.
China's buying has left the rest of the buy-side of the international market with less supply to go around, keeping the market tight. With export supply still in the early stages of recovery, prices edged up even further in Q4 to ration supply.
The report predicts a further increase in China's dairy purchases from the world market in 2014. A strong Northern Hemisphere production season, following on from an exceptional season in the Southern Hemisphere should generate mor