some real figures to work off from Synlaits announcement this morning - guess who the key customer is.....
Consumer-packaged infant formula• Volumes down 3,486 MT as our key customer’s demand profile resets.• China-label volumes continued to grow. English-label sales fell as our key customer responds to the impact of COVID-19 on the CBEC and daigou channels.• As a result of this, infant formula base powder production is down 61%.
Media Updates, page-8161
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