19 Oct'20 - Who is paying for your milk powder?
https://finance.sina.com.cn/chanjing/2020-10-19/doc-iiznctkc6385996.shtml
This is a month old article but very informative about:
- RRP range of China domestic IF powders
- how the (more-expensive-than-expected) price point develops for domestic IF brands
- why from a price point/value/safety point of view, some domestic brands have struggled to compete even with higher priced foreign IF brands
Media Updates, page-6522
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