According to GTIS, Mar ’15 total Chinese dairy import volumes remained weak, finishing down 39.1% YOY. Total Chinese dairy import volumes have declined YOY for seven consecutive months at an average rate of 31.0% over the period. Mar ’15 total Chinese import volumes also remained below three year average volumes for the month of March, finishing 18.5% lower. Total dairy import volumes did increase 5.8% MOM on a daily average basis, however the February – March increase was significantly below the ten year average February – March seasonal increase of 21.2%. Mar ’15 Chinese milk powder imports also remained weak, declining on both a YOY and MOM basis. Mar ’15 whole milk powder (WMP) imports finished down 66.9% YOY and 32.6% MOM on a daily average basis while skim milk powder (SMP) imports finished down 46.9% YOY and 19.3% MOM on a daily average basis. WMP and SMP import volumes remained below three year average volumes, finishing 51.4% and 30.9% lower, respectively. Mar ’15 Total Chinese Dairy Import Volumes Remained Significantly Below Last Year’s Levels Mar ’15 Total Chinese Dairy Import Volumes up 5.8% MOM but Down 39.1% YOY Mar ’15 Total Chinese Dairy Import Volumes Declined to a Three Year Low Mar ’15 Chinese WMP Import Volumes Down 32.6% MOM and 66.9% YOY Mar ’15 Chinese WMP Import Volumes Declined to a Five Year Low Mar ’15 Chinese SMP Import Volumes Down 19.3% MOM and 46.9% YOY Mar ’15 Chinese SMP Import Volumes Declined to a Four Year Low New Zealand Accounted for Nearly Half of the Total Mar ’15 Chinese Dairy Import Volumes