Mejeritekniskt Forum

Mötesplatsen för oss inom mejeribranschen i Sverige

Baby-Formula Stocks Jump After China Vows to End One-Child Rule

Tweet about this on TwitterShare on FacebookShare on LinkedInEmail this to someonePrint this page

Danone rose as much as 3 percent in Paris and Nestle SA also gained after China said it will lift its one-child policy, boosting the outlook for sales of infant nutrition. Danone, Nestle and Mead Johnson are among the biggest players in China’s $19 billion baby-formula market, which represents about a third of the industry globally.

There’s been a worldwide boom in the flow of baby food to China, with quantities ranging from single cans sold via Amazon.com Inc. to 25 metric-ton orders through suppliers on Alibaba.com. Since a 2008 infant-formula scandal that hospitalized 50,000 babies, the Chinese have sought out foreign-made brands.

Read more

Mejeriteknisktforum © 2017 Frontier Theme