The seasonality of Chinese purchases

The slowdown of chinese purchases of milk powder respond to a seasonal pattern. But also local operators estimate that while the adjustment process in the economy of china will end in December 2014, the importers will be speculating on the search for a "floor" in the price of milk powder caused by the oversupply world and is exacerbated by the Russian veto.

ScreenHunter_228 Nov. 04 10.02

 

Reference: LPE= Milk Powder

Source: ITPS

 

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