20-05-2014 01:14 AM | China

Chinese seek milk diversity

Chinese dairy importers are beginning to express trepidation about the country's dependence on the New Zealand market.

Sandy Chen, who is Rabobank's dairy analyst in China, said NZ was currently supplying 90 per cent of the country's milk powder import needs.

"There is an opportunity, potentially, because importers are concerned about an over reliance on NZ," Mr Chen said.

"They want more diversification of supply."
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