| Home | March 2011News | Eagle Summit Corporation Increases Whole-Milk Powder Trading |
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 Eagle Summit Corporation Increases Whole-Milk Powder Trading- Eagle Summit Corporation Increases Whole-Milk Powder Trading
- March 22, 2011
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Near term contracts for milk powder rose 15 percent to $4,960 a metric ton over two weeks. Due to increased demand in Asia, prices have gained 41 percent over the past three months.
Whole-milk powder prices surged to a record on sustained demand from China. This raises concerns about rising input and feed costs that may curb supply, potentially boosting inflation.
Near term contracts for milk powder rose 15 percent to $4,960 a metric ton over two weeks. Due to increased demand in Asia, prices have gained 41 percent over the past three months. This adds to the challenges faced by central bankers in India and China to restrain record food prices while maintaining growth. T...
- View more at: http://www.1888pressrelease.com/eagle-summit-corporation-increases-whole-milk-powder-trading-pr-288084.html
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