China Maintains Solid Growth of Raw Milk Price in September

According to the monitoring by the Ministry of Agriculture and Rural Affairs, China maintains its solid upward trend in its raw milk price in September 2020, with growth rates expanded in both month-by-month comparison and year on year comparison.
By early September, raw milk price exceeded 3.8 yuan/kg, edging towards 3.9 yuan/kg by the end of September. The monthly average price is 3.86 yuan/kg, up by 0.13 yuan over August, up by 3.5%; or up by 0.15 yuan year on year, up by 4%.