Mengniu Sees Milk Price Bottoming Out as Industry Faces Pressure
Mengniu Dairy held its 2026 interim results briefing on August 27, 2026, stating that domestic raw milk prices, after years of decline, have recently shown signs of bottoming out and recovering. The company acknowledged ongoing industry-wide pressure but pointed to the emerging uptrend as a potential turning point.
Mengniu Dairy held its 2026 interim results briefing on August 27, 2026. The company said that domestic raw milk prices, after several years of continuous decline, have recently shown a trend of bottoming out and recovering.
The industry as a whole continues to face pressure, but the recent price movement suggests a possible inflection point. Mengniu's remarks come amid persistent challenges in the dairy sector, including oversupply and weak demand, which have weighed on margins across the value chain.