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Raw milk prices in China reached ¥3.08 per kilogram in September, a 1.7% year-on-year increase and the first positive reading after 53 consecutive months of decline. Dairy companies diverged, with leaders such as Yili and New Hope growing through product upgrades while regional players like Yantang saw sharp profit drops from higher raw material costs.
A turn in Chinese raw milk prices signals firmer domestic dairy margins and a shift in consumption toward cheese and cream, which has limited direct effect on feed ingredient demand.
freshfromchina.comFFC TeamNov 3, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
