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 December 2014

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

    FX Rates

    Currency against Sterling   Opened October   Closed October
    Dollar   1.62   1.598
    Euro   1.284   1.277

    Soft Commodities

    Sugar prices increased on LIFFE (+3%), with global demand forecast to increase 2% y-o-y to 170.5m tonnes, mainly driven by higher demand from Asia. Cocoa bean prices fell on LIFFE (-8%) despite concerns over transportation in West Africa, production forecasts remain up 10% y-o-y at 4.3m tonnes in 2013/14. Cocoa butter has fallen (-11%); however, prices for cocoa powder have risen (+6%).

    Oils and Fats

    Soyabean oil prices continued to fall in Rotterdam (-2%), as good weather during the growing period resulted in soyabean production increasing 9% y-o-y to 311.1m tonnes in 2014/15. Palm oil and Palm kernel oil prices were up in Malaysia (+8%), while rape seed oil prices rose in Rotterdam (+3%).

    Good general supply prospects are keeping prices stable overall. Sunflower oil prices rose in Rotterdam (+2%) as global production is expected to fall 1% y-o-y in 2014/15. Coconut oil prices fell in Rotterdam (-2%) and Extra Virgin olive oil prices fell in Spain (-2%).

    Grains

    Global wheat prices have increased in recent weeks, after global consumption for 2014/15 has been revised up 1% from last month’s forecast to 714.1m tonnes causing Milling wheat prices to increase on LIFFE Paris (+9%).

    Ingredients

    With a smaller crop this year, US almond prices rose (+15%) in the EU. Turkish hazelnuts have fallen (-2%) on average, but still remain high on short supply. Turkish dried apricots increased (+10%) on reduced supply, as did sultanas (+7%) mainly due to quality concerns over the new crop. US raisins were unchanged (0%).

    Meat & Dairy

    EU milk production continues to seasonally decline, although remains up y-o-y. EU butter prices fell (-3%). SMP prices in the EU continued to drop (-3%), however, UK SMP prices increased (+9%). Cheddar cheese prices dropped in the UK (-8%). EU egg prices increased again (+3%), with processed whole liquid egg and liquid egg white both rising (+3%).

    Energy

    Prices for Brent crude oil continued to fall on ICE London (-9%), due to slowing demand and increasing supply, driven by higher OPEC production. Diesel prices fell in Europe (-6%), in line with crude oil prices.

    Metals

    A surge in home and car sales in the US caused prices for aluminium to increase (+3%) on the LME.

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