Dairy Industry Accelerates Vertical Integration Upstream and Downstream

Competent players in the dairy industry are all pursuing upstream and downstream integration through investments and acquisitions.

What I’ve just realized is that the cost of a 200 ml (about 200 g) carton of milk is roughly 0.8 yuan. Last year you could still buy a carton for one yuan, but this year prices have普遍 risen to two or even 2.5 yuan per carton—essentially doubling.

And yet, even under these conditions, everyone claims they’re not making money…

Read original article