China reduces its dairy imports
Shipments of diary products to China for the year to August 2015 were 1.2Mt, down 20% on the same period in 2014. WMP, SMP ﻿and butter all saw the biggest falls in trade, but infant milk formula saw an increase in both quantity and value terms. This fall in volumes coincides with prices for diary products decreasing, this has resulted in the overall value of Chinese diary imports being down almost 42%. 

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