June 29, 2012

China reports inconsistent milk price of foreign milk brand

China has found out that the price of German Te Fufen's powdered milk is four times higher than that posted on its official online store based abroad.

The listed price of the organic infant powdered milk on the official website of German Te Fufen milk is only EUR9.95 (US$12.59), about RMB80.05, or only a quarter of its retail price in China.

The milk powder produced in Australia and New Zealand is three times as expensive in China as in their own countries, the news agency reported some milk powder consumers as saying.