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China imports more dairy products through Shanghai Port
Last Updated(Beijing Time):2010-03-25 13:26

A total of 27,000 tonnes of dairy products valued at 60 million U.S. dollars were imported through Shanghai Port in the first two months of this year, the local branch of China Customs.

The imports were up 8.3 percent year on year, and the value rose 25.5 percent, said a statement.

Customs officials attributed the import growth to distrust of domestic dairy products caused by new occurrences of contaminated milk powder and higher costs of domestic products.

Imported dairy products were priced at an average 22,000 yuan (3,221 U.S. dollars) per tonne, down from 43,000 yuan per tonne before the global economic downturn.

Production costs for domestic dairy products had soared, as raw milk prices rose 80 percent to 32,000 yuan per tonne and the sugar price doubled.

Ninety percent of dairy product imports through Shanghai Port came from New Zealand, the United States and the European Union.

Source:Xinhuanet 
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