China: Cans of New Zealand Made Infant Formula Sell for NZ$92 in Shanghai

February 11th, 2012

One guess as to the nationality of “offshore buyers” of the land mentioned below…

Via: New Zealand Farmers Weekly:

Canterbury dairy producer and processor Synlait is negotiating to sell up to 70% of its holding in Synlait Farms, with potential for the near 5000 hectares of prime irrigated Canterbury dairy farmland to be sold to offshore buyers.

…

Meanwhile Synlait Milk manufactured infant formula has hit the supermarket shelves in China with Bright Dairy launching the new “Pure Canterbury” product in Shanghai in December.

Shanghai is the testing ground for Bright Dairy’s super premium infant formula. The retail price per 900g can ranges from NZ$92 for stage one infant formula to NZ$84 for stage three infant formula.

“It typifies the value consumers in China are willing to pay for formula produced and packaged in NZ. It is little wonder that Bright Dairy is investing 20 million yuan on the advertising and promotion of Pure Canterbury over the next 12 months,” Synlait Milk chief executive John Penno said.

Consumer response to Pure Canterbury had been very positive. Bright Dairy’s focus on Canterbury’s clean, green, purity had not only differentiated the product in the marketplace, it had struck a chord with Shanghai consumers deeply concerned about the integrity of their food.

Research Credit: pookie

Posted in Collapse, Dictatorship, Economy, Elite, Environment, Food, Health | Top Of Page

5 Responses to “China: Cans of New Zealand Made Infant Formula Sell for NZ$92 in Shanghai”

  1. tochigi says:
    February 11, 2012 at 2:46 am

    “prime irrigated Canterbury dairy farmland”

    what an utter train wreck.
    nz used to produce all its own wheat and oats.
    now?

  2. Kevin says:
    February 11, 2012 at 3:11 am

    Now? Mr. Key’s Greater Hong Kong:

    Mr. Key's Greater Hong Kong

    http://www.nzherald.co.nz/economy/news/article.cfm?c_id=34&objectid=10783221

    —

    NZ to build bigger embassy in Beijing

    http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10783278

    —

    Chorus deal gives Huawei stronger presence in NZ

    http://www.nzherald.co.nz/telecom/news/article.cfm?o_id=207&objectid=10773293

    —

    Huawei prepares new Australia-NZ link

    http://www.telecomasia.net/content/huawei-prepares-new-australia-nz-link

    —

    Chinese telco wins contract for Christchurch broadband

    http://www.nzherald.co.nz/technology/news/article.cfm?c_id=5&objectid=10784256

    —

    Chinese bankroll Maori fibre-optic plans

    http://www.stuff.co.nz/business/industries/5483841/Chinese-bankroll-Maori-fibre-optic-plans

    —

    Te Reo smartphone from 2degrees/Huawei coming

    http://computerworld.co.nz/news.nsf/news/te-reo-smartphone-from-2degrees-coming

    —

    John Key opens Chinese New Year festivities

    http://www.stuff.co.nz/national/6294421/John-Key-opens-Chinese-New-Year-festivities

  3. tochigi says:
    February 11, 2012 at 3:38 am

    the China bubble. what could possibly go wrong?

  4. Ann says:
    February 11, 2012 at 3:29 pm

    I can’t blame the Chinese for buying the formula. If I was in China and for some reason couldn’t breastfeed my baby or get goat’s milk, I’d want foreign formula too!

  5. tochigi says:
    February 17, 2012 at 9:00 am

    http://gordoncampbell.scoop.co.nz/2012/02/16/gordon-campbell-on-the-crafar-ruling-and-asset-sales/

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