date:Apr 09, 2013
ompetition from New Zealand dairy suppliers after a strong New Zealand dairy season, had created a tough market for Australian dairy. However, Murray Goulburn said that strengthening its position in Asian and Middle Eastern markets would deliver the value add needed to ride over the negative commodity cycles.
In March 2013, the MG announced that it had confirmed its commitment to the Chinese market by increasing its share in MG Qingdao, its China Infant Formula joint venture, from 51 per cent t