China Whey Weekly: Buyers hold back purchases; market under pressure (week ended Apr 21, 2013)
In China, the demand for animal feed continued to be weak with livestock inventory growths hampered by the disease outbreak. Hence, feed millers held back whey procurements, pressurising traders to lower prices even as import costs were on the rise. Over the past two weeks, low protein whey prices have dropped by 3%.
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