date:Aug 08, 2013
f the affected companies. If anything, foreign infant formula makers might increase their market share because of the price cuts.
It will have an impact on domestic brands over the long term as the prices of high-end premium brands come down. Customers will tend to buy the foreign brands as the price gap between domestic and foreign brands narrows, said Jacqueline Ko, an analyst at Maybank Kim Eng Research.
Fonterra, the world's biggest dairy exporter, said it would give additional training to