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 May 2015

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

    FX Rates

    Currency against Sterling   Opened March   Closed March
    Dollar   1.667   1.690
    Euro   1.21   1.217

    Soft Commodities

    Prices for cocoa beans increased on the ICE (+1%) but remained unchanged on the LIFFE (+0%). In the UK, cocoa butter prices increased (+1%) reflecting continued demand from the chocolate industry, particularly from the emerging markets. Cocoa powder prices decreased (-7%) due to low demand and increased supply.

    Oils and Fats

    Palm oil prices fell in Rotterdam (-4%), as news of higher monthly production in Malaysia eased concerns over the tight stock situation. Sunflower oil prices rose in Ukraine (+13%), due to concerns about political uncertainty in Ukraine. Ukraine is the world's largest producer and exporter of sunflower oil.

    Soyabean oil prices rose on CBOT US (+3%) and in Rotterdam (+1%) due to concerns over wet and cold weather slowing soybean planting in the US and tighter than expected US stocks. US ending stocks are estimated down 7% y-o-y to 3.6m tonnes. Rapeseed oil prices fell in Rotterdam (-3%) due to favourable weather in the main EU growing regions. Palm kernel oil prices fell in Indonesia (-4%), Malaysia (-3%), and Rotterdam (-2%). Coconut oil prices rose in the Philippines (+5%) and in Rotterdam (+5%). Extra virgin olive oil prices rose in Italy (+3%) but fell in Spain (-1%). Lampante olive oil in Spain fell (-7%).

    Grains

    Global wheat prices were mixed in the past month with prices rising on CBOT US (+2%), in the UK (+2%) and on LIFFE Paris (+1%), driven by supply concerns from the Black Sea region and adverse weather in the US.

    Ingredients

    Almond prices fell overall in the EU (-3%) and there are still concerns over the drought in the US. Spanish almonds also fell (-3%). Turkish hazelnuts increased (+21%) as severe frosts damaged crops, however, the total affect is not yet known.

    Turkish raisins and sultanas, on the other hand remained unchanged (0%) on average in the EU, as the growing regions were not affected by the cold weather. Black pepper prices have been increasing due to tight supply; in India prices rose (+1%) as the season comes to an end, while Malaysian prices rose (+7%) in anticipation of the next harvest in June. White pepper from Indonesia and Malaysia also both rose (+6%) in the EU.

    Milk & Dairy

    EU milk deliveries have been increasing seasonally and remain up y-o-y, leading the price of some dairy commodities to fall.

    EU Butter prices fell with prices down in the UK (-3%).

    SMP and WMP prices in the EU decreased, with falls seen on the continent and the UK (-3%).

    Cheddar cheese prices were down in UK by (-3%).

    Energy

    Prices for Brent crude oil on ICE London rose (+1%) driven by continuing tensions between Ukraine and Russia, the world's largest energy exporter. Prices rose in Europe for petrol (+4%) and diesel (+3%), influenced by crude oil prices.

    Metals

    All base metals rose on the LME, driven by improving economic sentiment in Europe. Prices increased for aluminium by (+7%).

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