Raw Milk Price Sustained Upward Turn in September 2019

According to MOA monitoring, raw milk price further climbed to 3.71 yuan/kg in September 2019, 0.06 yuan/kg higher MoM or 0.26 yuan/kg higher YoY.  
The monthly trend of raw milk price in recent years indicates that the upsurge of the price came earlier this year than in other years and the growth rate was larger than in other years as well, which reflects the rapid change of the supply and demand relations.