Chinese demand for Dairy is on the up

According to the latest Rabobank analysis, Chinese demand for imported dairy products is “bouncing back” as new cases and deaths continue to decline daily. Yesterday reduced to 4, and new confirmed cases down to 47.

Rabobank predict Chinese consumers dairy buying habits will return to “normal” in the second half of this year. However, the seismic drop in global tourism has been a huge blow to Asia’s food service industry which is unlikely to recover in 2020 and will leave the global dairy industry with a severe hangover.