Fonterra supports China's crack-down on infant formula "grey market"
Fonterra supports a crack-down on the "grey market" for infant formula from Australia into China, even though that may disrupt sales volumes.
Jenny Ruth Tue, 01 Dec 2015
Fonterra [NZX: FCG] says it supports a Chinese crack-down on the “grey market” for infant formula.
“Grey market imports are a challenge for infant formula producers and milk processors alike because they happen outside established export channels and can introduce risk into the supply chain,” says