date:Feb 08, 2014
vious year. That move led to a price rise in dairy products and battles among major firms for the supply of raw milk in the domestic market.
Major Chinese companies such as Bright Dairy and Food Co, China Mengniu Dairy Co and Yili Industrial Group Co recently raised their prices between 5 and 10 percent after Beijing dairy producer Sanyuan Group announced it was hiking a number of its dairy products by 8 percent two months ago.
Fearing they will be driven from the market, dairy enterprises o