Russians see increase in prices of products under import ban
The majority of Russians have noticed an increase in the prices of fruit, vegetables and meat, according to a survey reported by state news agency Itar-Tass. All three commodities are affected by the Kremlin’s import ban on EU and U.S. goods.
China’s dairy import figures grow by 20%
China imported nearly 20% more whole milk powder (WMP) in January-September this year than it did in 2015, totalling around 342,000t, AHDB Dairy has reported. By Richard Halleron.
China Dairy Imports Rise Despite Demand Faltering
China imported nearly 20 per cent more whole milk powder this January-September than it did last year, totalling around 342k tonnes, according to UK levy board AHDB Dairy.
China sales warning for A2, Bellamy’s
THE milk powder train looks set to roll on, but analysts have warned of tough times ahead for Bellamy’s and A2 as China gets tough on imports. By Frank Chung.
Aussie gearing up for UK trade deal
Australian officials are ready to begin work on a free-trade deal with the UK, and have recently flown in to begin hammering out the details of a landmark pact, the country’s top official in Britain has revealed. By Tim Wallace
Japan to import 4,000 tons of butter
Japan’s agriculture ministry said Tuesday that it will additionally import 4,000 tons of butter as raw milk production is expected to decline after unstable weather conditions.
Russia to boycott salt from the U.S. after EU extends sanctions against Moscow
Russia on Tuesday said it’s officially banning imports of salt from the United States and its allies, adding it to its list of embargoed food products. By Andrew Blake
China exports tumble more than expected in July, reviving concerns over economy
China’s exports and imports fell more-than-expected in dollar-denominated terms in July, reviving concerns over the economic outlook both at home and abroad.
Chinese officials quietly delay introduction of e-commerce tax
Chinese officials have quietly announced a one-year delay on the introduction of a new tax on overseas goods purchased online, known as the e-commerce tax, after its roll out caused some unintended consequences, according to a trade expert.
Asian companies invest €3.6bn in Russian dairy production
Asian dairy companies have been making significant investments in Russia in the last year or so.