Personal Note: As can probably be guessed from the paucity of recent posts, I have been rather busy trying to set up a new partnership. So, though there have been a lot of things that have caught my attention, I haven’t been able to post much. I decided to take the medicine and do a few short posts when I get the time.
Kind of weird corollary to India growing is that there is increasing milk demand in India.
The WPI in India has a 5% weight on milk, and that is having an effect because there was a 13.4% YoY inflation in milk prices in December ’09. This is coming from a demand supply mismatch as there is an increasing uptake on processed milk products (most notably Reliance’s “Life”, Nestle’s “Pro-heart”, and Amul’s “Taaza”). Continue reading “Trade Notes: Got Milk?”→