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The IMF cut its GDP growth forecasts for most developing countries, lowering 2022 growth by 0.2% and 2023 by 0.5%. Chinese milk imports fell 24.4% in June, or 463,000 MT of milk equivalent, more than the decline in production among major exporters.
Exporters must now find other buyers for product previously destined for China.
The drop in Chinese import demand is the main driver of weaker global dairy prices, and it shifts export volumes to other markets. Lower GDP forecasts also trim Oceania dairy price expectations for 2022 and 2023.
hoards.comNate Donnay, StoneX Group Inc.2022年8月1日在过去 49 次看跌的贸易事件之后，牛奶(III类) 在 5 个交易日内中位数变动 -0.3%（39% 上涨；中间一半区间为 -4.7% 至 +1.5%），20 个交易日内为 -0.4%。
各商品基准价相对事件前最后收盘价的变动。历史数据汇总同类过往事件；仅描述已发生的情况，不代表未来走势。不构成投资建议。
Chinese milk imports fell 24.4% in June, reducing export demand and pressuring global dairy prices.
China's milk imports fell 24.4% in June, so exporters must find other buyers, which weighs on global dairy prices and sentiment.
Sharp fall in Chinese dairy imports leaves exporters seeking other buyers, a bearish trade-flow factor that pressures prices.
