Bakery Suppliers and Catering Suppliers

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Trade account holders can place their orders on line 24 hours a day 7 days a week making ordering from BAKO even easier. Find out now how easily ordering online from BAKO can be.

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Important Customer Information

To achieve a high level of health protection for consumers, the buyer is advised that products supplied from BAKO North Western are produced/retailed in line with stringent current guidelines. It is the sole responsibility of the buyer that products which may contain allergens or products which may cause intolerances' be manufactured/retailed in line with current legislations.


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Market Report Update

  • Market Report Up until June 2016

    All percentage changes in this report refer to month-on-month price changes and are provided by Mintec.

    FX Rates

    Currency against Sterling Opened April Closed April
    Dollar 1.43 1.44
    EURO 1.26 1.27

    Soft Commodities

    Cocoa bean prices rose on both LIFFE London (+2%) and ICE US (+4%), due to supply concerns. Cocoa bean arrivals to ports in Ivory Coast since the start of the season reached 1.23m tonnes by mid-April, down 5% y-o-y. Cocoa butter prices in the UK fell (-2%), while cocoa powder was down (-1%).

    Oils and Fats

    Soyabean and Rapeseed oil prices rose in Rotterdam (+2%) due to rain and floods disrupting the South American harvests. Palm oil prices rose in Indonesia (+5%), while Palm kernel oil prices seriously rose in Malaysia (+21%) as lower production caused by prevailing dryness continues to fuel worries about lauric oil availability. Coconut oil prices rose in the Philippines (+21%) due to limited supply.

    Sunflower oil prices rose in Argentina (+3%) due to the weaker Peso. Prices remained stable in Ukraine (0%), but fell in Russia (-4%) and Rotterdam (-1%). Extra virgin olive oil prices fell in Italy (-3%) and Spain (-1%). Lampante olive oil prices rose in Spain (+1%).

    Grains

    Milling wheat prices rose on CBOT US (+9%), LIFFE Paris (+2%) and in the UK (+2%). Recently, bad weather in South America caused prices for both maize and soyabeans to rise, which had a knock-on effect to wheat prices. Oats prices rose on CBOT US (+9%), but were stable in Finland (0%).

    Ingredients

    Almond prices continued to decline (-4%), influenced by improved 2015/16 production in the main almond grower, California, and on expectations of further price erosion following favourable bloom for the season ahead. Spanish almond prices were also down (-9%). Prices of Turkish hazelnuts fell again (-13%).

    In the dried fruit market, prices for Turkish sultanas fell (-5%) and raisins declined (-3%), with prices for US raisins also falling (-1%). Prices for Turkish dried apricots fell (-2%) despite reports of recent frosts in the main growing region of Malatya. Desiccated coconut prices rose in Philippines (+4%).

    Milk and Dairy

    April Butter prices increased in the UK (+3%) following an increase in exports to Saudi Arabia and North Africa. SMP and WMP prices remained stable in the UK. Cheddar prices were down in the UK (-3%) following the release of around 900 tonnes of cheddar from the PSA in March, which increased domestic supply. EU egg prices fell (-8%) on the back of record ending feed stocks from last season.

    Energy

    Brent crude oil prices increased on ICE London (+11%) and light sweet crude oil prices on NYMEX US (+10%) both rose due to falling US production, expectations of major producers agreeing a production cap and a workers strike in Kuwait. EU diesel therefore increased (+8%).

    Metals

    Aluminium prices continued to rise on LME (+7%) in the past month due to some production cuts and an increase in seasonal demand.

A Warm Welcome to BAKO North Western.

BAKO North Western is a leading food service company, specialising in bakery supplies, serving the North West region from the company's headquarters in Preston, Lancashire. Launched over 50 years ago as a regional buying co-operative , today BAKO provides bakery ingredients, Food Ingredients, and food service products to Bakers, Butchers, Food Manufacturing Companies, Catering Companies, Restaurants, Cafes, Coffee Shops, Sandwich Shops, Schools, Colleges and indeed any sector where a quality food wholesale supplier can add value to our clients business. The area we cover includes Lancashire, Cheshire, Parts of Cumbria, Merseyside, North Wales, Greater Manchester, West Yorkshire, South Yorkshire, Leicestershire and Nottinghamshire. Visit our Contact page for more information on the areas we cover.

Trade customers looking for the UK's leading Bakery Supplies Company choose BAKO every time for ambient, chilled, frozen, food ingredients and non food products as a result of over 50 years food service experience to the bakery industry, food manufacturing and customer focussed food industries.

Why not join us today, call 01772 664300

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