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Peak season's lackluster performance leads to another drop in raw milk prices. Is overseas bulk powdered milk still cost-effective? | Industry News
Since November, the price of raw milk has reached a new low in this cycle, and the import volume of bulk powder has been declining for eight consecutive months compared to the previous year; currently, domestic bulk powder has started to be exported at low stock prices to some major producing countries; experts believe that this trend of declining import of dairy products will continue.
Hong Kong stock market is in a state of flux | Dairy industry stocks lead the way in terms of growth, since September, the dairy industry policy support has increased, with the basic fundamentals of the dairy industry in Q3 expected to improve.
Dairy stocks lead the gains, as of the deadline, China Feihe (06186) rose by 5.21% to HK$5.86; Ausnutria (09858) rose by 3.85% to HK$1.35; Mengniu Dairy (02319) rose by 3.27% to HK$16.44; Ausnutria (01717) rose by 2.02% to HK$2.02.
The continuous inversion of raw milk prices has not resolved the "ranch crisis". Should we continue to slaughter cows?
①In the past year, the industry has been continuously 'slaughtering cows' to reduce overcapacity, but the situation of oversupply has not been reversed; ②The impact of oversupply of raw milk has fully appeared in the financial reports of large-scale farms and dairy enterprises; ③The current growth rate of raw milk production is further slowing down, and prices are expected to stabilize in the second quarter of 2025.
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