date:Oct 21, 2015
Low milk prices will last well into 2016, food group Danone warned, with demand from Russia and China likely to remain depressed.
Danones finance chief Cecile Cabanis told investors that market weakness would last longer than the group had anticipated before.
Ms Cabanis pointed the extension of the Russian ban, and the situation overall of the stocks in China, saying low prices would extend into a good part of next year.
Mid-term recovery
Ms Cabanis was referring to a Russian ban on imports