March 8, 2019
Argentine dairy co-op seeks to improve export through India and Vietnam
Argentinian dairy co-op Manfrey is looking to boost exports of its products through its venture into India and Vietnam, Co-operative News reported.
Manfrey's president, Ercole Felippa, has toured both countries as part of a delegation promoting smoother international trade, and believes that the contacts made could lead to business opportunities in the short term. That would be possible if Manfrey products are offered at reasonable prices.
Felippa specifically identified "interesting opportunities" to sell powdered and long life milk in Vietnam and dulce de leche - a soft, caramel-like toffee made from milk - in India.
"With these or any other markets, we will be able to generate operations as long as we have competitive prices and can maintain the markets once they are achieved," he said. Felippa added that Mafrey, which has a strong export presence in Argentina's neighbouring countries, is seeking to get back confidence in world markets.
According to Argentine news service Diario La Voz De San Justo, Manfrey has historically exported 20% of its turnover, but that figured dropped to 10% last year.
Felippa said the reason for the drop was "the company's decision to incorporate a long-life milk production line - suddenly, our exportable surpluses were lower."
- Co-operative News