Yili Co., Ltd. said at the 2026 third quarter results briefing that since this year, supply and demand in the upstream industry chain have continued to be optimized. In the third quarter, contract milk prices in the industry have risen slightly year-on-year, and supply and demand have gradually entered balance. Looking at next year, demand-side packaged dairy products are expected to pick up moderately, the trend of substituting domestic products for deep milk processing will continue, milk prices are expected to enter a stage of moderate recovery, and the industry will return to a healthier and more rational stage of development.

Yili Co., Ltd. said at the 2026 third quarter results briefing that since this year, supply and demand in the upstream industry chain have continued to be optimized. In the third quarter, contract milk prices in the industry have risen slightly year-on-year, and supply and demand have gradually entered balance. Looking at next year, demand-side packaged dairy products are expected to pick up moderately, the trend of substituting domestic products for deep milk processing will continue, milk prices are expected to enter a stage of moderate recovery, and the industry will return to a healthier and more rational stage of development.