October 8, 2026 03:54 PM GMT China Consumer: Raw Materials Price Chartbook | Asia Pacific Raw Material Price Movements (Sept-26) and Stock Implications In last month's summary of key raw material price trends and implications for relevant Hong Kong/China consumer stocks, we highlighted the sustained headwinds from the uptick in PET and copper prices, while hog prices slightly increased and the recovery of raw milk price continued. Implications for stocks Yili (600887.SS, OW), Mengniu (2319.HK, OW): Raw milk ...

CHINA CONSUMER STAPLES COST INDEX TRACKER 13 October 2026 | 8:10AM HKT Equity Research The dairy supply-demand balance continues to improve with raw milk prices trending slightly up by 1.3% YoY in Oct-1 as the bright side, and imported milk powder volume was 26 kton in Aug 2026, -36% YoY/dry dairy products at 109 kton at -15% yoy incl. imported whey powder/whey powder concentrates at 50kton/2.5kton, -24%/-19% yoy, while US WPC (34%) prices were +15%/+55% Goldman Sachs does and seeks to do business with comp ...