Sentences with phrase «bulk dairy imports»
The co-operative cited a spike in the Australian dollar and a global dairy market that continues to weaken after China slashed its spending on bulk dairy imports and amid Russia's ongoing trade sanctions on many western products.
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Demand for imports of bulk dairy products has fallen in the world's biggest consumer, China, while Russia, the second - biggest market, has continued to ban imports from many Western countries.
It said this was because the UK continued to import large amounts of added value dairy, while exporting lower value commodities, like milk powders and bulk cream.