China Mengniu Dairy, one of the country’s largest milk product makers, saw its gross margin increase by 0.5 percentage points to 31.4 per cent last year. Photo: Reuters China Mengniu Dairy, one of the country’s largest milk product makers, saw its gross margin increase by 0.5 percentage points to 31.4 per cent last year. Photo: Reuters
China Mengniu Dairy, one of the country’s largest milk product makers, saw its gross margin increase by 0.5 percentage points to 31.4 per cent last year. Photo: Reuters
Jennifer Li
Opinion

Opinion

Across The Border by Jennifer Li

China’s raw milk producers have to deal with market glut

Raw milk price falls. Hurts suppliers. Helps product producers. Prices headed down if oversupply problems not resolved, analysts said.

China Mengniu Dairy, one of the country’s largest milk product makers, saw its gross margin increase by 0.5 percentage points to 31.4 per cent last year. Photo: Reuters China Mengniu Dairy, one of the country’s largest milk product makers, saw its gross margin increase by 0.5 percentage points to 31.4 per cent last year. Photo: Reuters
China Mengniu Dairy, one of the country’s largest milk product makers, saw its gross margin increase by 0.5 percentage points to 31.4 per cent last year. Photo: Reuters
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Jennifer Li

Jennifer Li

Jennifer Li is a market reporter at business desk, following equity and currency markets in the mainland and Hong Kong. She is also interested in latest development in primary market and asset management industry. Before joining SCMP, she worked for The Standard, covering breaking business news in Hong Kong and the mainland, with topics ranging from listed companies to macro economy.