China Whey Weekly: Stronger global dairy market, higher import costs underpin China whey prices (week ended Aug 24, 2015)
Dairy market strengthened during the period in review as Fontera's dairy auction saw prices surge 15%. Chinese whey traders, who have been suffering losses over the past 10 months and faced higher import costs of late due to the sharp depreciation of renminbi, lifted prices quickly in response to the market change.