Japanese formula short after disaster

GUANGZHOU / SHANGHAI -The price of Japanese brands of milk powder has surged from 3 percent to 10 percent in the capital of Guangdong province in the past few days.

The supply of Japanese milk powder began to run short after a devastating earthquake, followed by a tsunami, hit northeast Japan late this past week, causing a radiation leak at the Fukushima Daiichi nuclear plant in Minamisoma.

Many Guangzhou stores have since seen a run on the Japanese milk powder products they had for sale.