April 29, 2020 / 11:44 PM / a month ago

Fonterra's China dairy imports fall 1.4% in Jan-Feb

April 30 (Reuters) - New Zealand’s Fonterra said on Thursday dairy import volumes by its key Chinese market fell 1.4% in the first two months of the year, due to public health measures put in place to curb the spread of the coronavirus.

The world’s largest dairy exporter also said milk production in its domestic market dropped 1.9% in March, mainly due to persistent drought conditions across New Zealand. (Reporting by Shriya Ramakrishnan in Bengaluru; Editing by Himani Sarkar)

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