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20 Apr 2021 10:32
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  •   Home > News > Business

    China seems firmly at the centre of the latest jump in dairy prices

    China seems firmly at the centre of the latest jump in dairy prices


    Fonterra
    Fonterra
    Overall prices at Fonterra's latest global dairy trade auction are up 15-percent on a fortnight ago -- one of the largest price rises of all time.

    RaboBank senior dairy analyst Emma Higgins says there's a lot going on in China at the moment.

    She says they think there is an element of stock-piling going on - but feed prices in China are also at multi-year highs.

    Higgins says we're also seeing Chinese milk prices at highs too - which has meant there's a price discount products going across into China.

    © 2021 Newstalk ZB, NZCity


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