Articles by 林超 安路蒙等

Dairy Sales 'Halved' as Industry Faces Post-Pandemic Supply-Demand Imbalance

Following the COVID-19 outbreak, milk sales plummeted by over 50% in major cities, leading to massive milk powder production, inventory buildup, and farmers dumping milk. Experts warn that the pandemic may force some dairy farmers out of the market, and as consumption recovers, the supply-demand gap for raw milk could widen, compounded by global uncertainties.