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Chinese Dairy Imports Update – Dec ’15

  • January 4, 2016
  • by wbabler
According to GTIS, Nov ’15 total Chinese dairy import volumes increased 32.7% MOM on a daily average basis and 37.4% YOY to a new ten month high. Total Chinese dairy import volumes have increased YOY for four consecutive months and finished at the second highest level on record for the month of November but remain significantly below the peak levels experienced in early 2014. Total Chinese dairy import volumes typically decline to seasonal lows throughout the late summer months prior to increasing again throughout the winter months. Nov ’15 Chinese whole milk powder (WMP) imports increased 145.7% MOM on a daily average basis and 7.9% YOY while Nov ’15 Chinese skim milk powder (SMP) imports increased 54.4% MOM on a daily average basis but remained 12.3% lower YOY. Nov ’15 Chinese dairy imports excluding WMP and SMP increased 16.5% MOM on a daily average basis and 59.6% YOY, finishing higher than the previous year for the seventh consecutive month. Despite strengthening import volumes, total Chinese dairy imports remain 21.7% below Nov ’13 levels and 36.7% below peak levels experienced in Jan ’14. Nov ’15 Total Chinese Dairy Import Volumes Remain Below Highs Experienced in Early 2014 Chinese Dairy Imports - Dec Nov ’15 Total Chinese Dairy Import Volumes Finished up 32.7% MOM and 37.4% YOY Monthly Chinese Total Dairy Imports - Dec Chinese Dairy Import Volumes Were the Second Largest on Record for the Month of Nov Chinese Total Dairy Imports Nov - Dec Nov ’15 Chinese WMP Import Volumes Finished up 145.7% MOM and 7.9% YOY Monthly Chinese WMP Imports - Dec Nov ’15 Chinese WMP Imports Remained Significantly Below 2013 Levels Chinese WMP Imports Nov - Dec Nov ’15 Chinese SMP Import Volumes Finished up 54.4% MOM but Down 12.3% YOY Monthly Chinese SMP Imports - Dec Nov ’15 Chinese SMP Imports Declined to a Three Year Low for the Month of November Chinese SMP Imports Nov - Dec Nov ’15 Chinese Dairy Imports Excluding WMP & SMP up 16.5% MOM but up 59.6% YOY Monthly Chinese Total Dairy Imports2 - Dec Nov ’15 Chinese Dairy Imports Excluding WMP & SMP Finished at a Record November High Chinese Total Dairy Imports Nov2 - Dec New Zealand Accounted Over a Third of Total Nov ’15 Chinese Dairy Import Volumes Chinese Dairy Imports by Originating Country Nov 15 - Dec
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Atten Babler Risk Management LLC
11406 US Route 20 W
Galena, IL 61036
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Atten Babler Risk Management LLC use sources that they believe to be reliable, but they cannot warrant the accuracy of any of the data included in this site. Opinions and market data are subject to change at any time. Unless otherwise stated the information contained herein is meant for informational purposes only and is not a solicitation to enter into any transaction.
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