date:Jul 03, 2015
ction a bearish event.
More than anything this GDT highlights the complacency of the buyer, added Mr Kurzawski, noting that with no threats to supply, buyers were in no rush to commit.
Whole milk discount
Mr Spainhour pointed out the low price of whole milk powder, which is used by China in its key infant formula industry.
I would say right now whole milk powder is slightly cheaper than the return on the components, anhydrous milk fat, skim milk powder and lactose, he said, calculating the d