BUS211 International Logistics Final Examination: 2023
The final examination for BUS211: International Logistics draws from the unit contents and the article provided below. In the exam, you will be asked to read the article below and then complete three (3) exam questions.
‘Bleak’ outlook for Chinese dairy demand this year, analysts say
Chinese demand for New Zealand’s key dairy export, whole milk powder, is looking “bleak” for the rest of the year and may not start to recover until next year, according to analysts at High Ground Dairy. Demand from China, the world’s largest dairy market, has weakened as its local milk production ramped up at the same time as a slowing economy dampened demand. That prompted local processors to dry their milk into powder, resulting in Chinese milk powder 2 imports dropping 30% in the first half of this year.
Whole milk powder prices on the Global Dairy Trade (GDT) auction platform have slid 4.5% this year and are 17% below the same time last year. The price will fall a further 3% at Tuesday’s overnight auction, according to the SGX-NZX futures market.
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