date:Aug 07, 2014
Our view is that as a result of the retail price increases in 2013, there has been a slowing of overall demand growth ... and it has consequently left the Chinese market with some inventories to get through at the same time as domestic production has improved.
MILK SCANDALS
Milk powder is a highly sensitive topic in China after a scandal in 2008 when melamine added to baby milk killed at least six children and left thousands ill.
A botulism scare with a Fonterra dairy product, bribery allegat