China: Dairy and Products Semi-annual 2012
Report Highlights:
China’s MY 2012 cow milk production forecast has been increased to 32,350 thousand metric tons (MT), up nearly 1% from the previous forecast. Whole milk powder (WMP) production is forecast at 1.16 MMT, which is 4% lower than the previous forecast. The forecast for non-fat dry milk (NFD)
production remains unchanged at 57,000 MT. Import demand remains firm, despite slower economic growth. NFD imports are forecast to increase 38% to 180,000 MT and whey imports are expected to increase at least 30% to 445,000 MT.
