Chinese consumers can expect higher dairy prices in December. Most domestic dairy companies raised prices since July, ranging from 5-20%. The price hike results from a shrinking supply of raw milk from the country\s fragmented milk farms. Domestic dairy porducers have been quickly losing their individual milk farmers, whose numbers have declined from over 2.6m in 2008 to no more than 2m in 2012 and is expected to lose another 20% this year.
Wirtten by Dora Men
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