Coronavirus infects global dairy trade overnight
Lower Chinese growth takes a toll on Asia Pacific trade, tourism, supply chain.
Lower Chinese import demand has taken a toll at the GlobalDairyTrade auction overnight, with the price of whole milk powder slumping 2.6% to $US2966 a tonne.
After falling 6.2% on February 5, the price of the product is at a six-month low.
Skim milk powder also dropped by 2.6% to $US2840 a
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