CCM Data & Primary Intelligence Price Peaks of Imported ButterGuangzhou China Nov. 30, 2010 - I...
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Price Peaks of Imported Butter 20101130

Guangzhou China Nov. 30, 2010 - In November 2010, the price of imported butter continues to increase, reaching USD 6,567/t, up 103.9% over the same period in 2009 and 21.38% over October 2010. The uptrend is estimated to continue in the following months. According to Mr. Lu, sales manager of Guangdong Shantou Dairy Material Co., Ltd. (Shantou Dairy), a distributor of imported dairy materials, reveales that the main reason of the price peaks of imported butter is the shortage of imported butter. The demand for imported butter becomes strong due to the coming peak consumption period, especially the New Year’s Day and the Spring Festival, which causes the price peaks of imported butter in November. The price of imported butter is estimated to increase in the following months. One key factor is that government strengthens its supervision of margarine, which may boost the demand for butter, thus raising the price of imported butter. On the other hand, some distributors reveal that their butter shipping is delayed due to the 2010 Asian Games. Some distributors prefer to import butter in January 2011, which is another factor for the price increase of their butter. Editor: Life Science Research Department Source: CCM International Ltd For more information: http://www.cnchemicals.com Contact: econtact@cnchemicals.com
Published on: Mar 4, 2016
Published in: Education      
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Transcripts - Price Peaks of Imported Butter 20101130

  • 1. CCM Data & Primary Intelligence Price Peaks of Imported ButterGuangzhou China Nov. 30, 2010 - In November 2010, the price of imported buttercontinues to increase, reaching USD 6,567/t, up 103.9% over the same period in2009 and 21.38% over October 2010. The uptrend is estimated to continue in thefollowing months.According to Mr. Lu, sales manager of Guangdong Shantou Dairy Material Co., Ltd.(Shantou Dairy), a distributor of imported dairy materials, reveales that the mainreason of the price peaks of imported butter is the shortage of imported butter.The demand for imported butter becomes strong due to the coming peakconsumption period, especially the New Year’s Day and the Spring Festival, whichcauses the price peaks of imported butter in November.The price of imported butter is estimated to increase in the following months. Onekey factor is that government strengthens its supervision of margarine, which mayboost the demand for butter, thus raising the price of imported butter.On the other hand, some distributors reveal that their butter shipping is delayed dueto the 2010 Asian Games. Some distributors prefer to import butter in January 2011,which is another factor for the price increase of their butter.Editor: Life Science Research DepartmentSource: CCM International LtdFor more information: http://www.cnchemicals.comContact: econtact@cnchemicals.comWebsite: http://www.cnchemicals.com Email: econtact@cnchemicals.comTel: +86-20-3761 6606 Fax: +86-20-3761 6968