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China bans all New Zealand milk powder imports on botulism scare
date:Aug 05, 2013
rices higher in the near term.

Economists said domestically produced Chinese dairy supplies were at low levels and Beijing's ban on imports from New Zealand and Australia would tighten supplies on the consumer market.

Domestic production in China has been fairly weak, so potentially there could be a shortage of product for a while, ANZ economist Con Williams told Reuters. He said China would in the meantime likely turn to the United States and Europe.

Bans And Recalls

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12/23 05:58