DDC Nepal struggles to sell 600 tons of dairy products
The Dairy Development Corporation (DDC), a government-owned enterprise, has failed to sell 600 tons of powdered milk and butter despite issuing a public notice on June 7 to clear ageing stock. The notice aimed to adjust prices and offload 300 tons each of powdered milk and butter nearing expiration. The DDC’s effort to sell products worth…
DDC turns to China market to boost dairy sales in Nepal
Cash-trapped state-owned Dairy Development Corporation (DDC) is under extreme pressure to clear dues to dairy farmers, which amounts to Rs580 million, following a sharp drop in the demand for raw milk and dairy products in recent years. DDC, Nepal’s largest dairy company, recently stated that the dairy industry is going through its worst recession due…