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 July 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 1.44 1.46
    EURO 1.27 1.30

    Energy

    Brent crude oil prices on ICE London (+8%) and light sweet crude oil prices on NYMEX US (+8%) both rose due to a slowdown in US drilling and an increase in Chinese refining. In addition, wildfires in Canada and attacks on Nigerian infrastructure resulted in reduced production. EU diesel is up (+15%), EU petrol up (+11%).

    Softs

    Sugar prices rose on ICE US (+8%) and London ICE (+4%), due to the effect of the strengthening BRL. Cocoa bean prices fell on London ICE (-5%) and ICE US (-4%), due to the arrival of heavy rainfall in most of the Ivory Coast, following a prolonged dry season. Cocoa butter prices rose (+9%), due to expectations that smaller size beans this season will make less butter. Cocoa powder prices in the UK (-5%) fell.

    Oils & Fats

    Soyabean oil prices fell on CBOT US (-7%) and in Argentina (-4%) due to higher crushing levels increasing the supply of soyabean oil, however they rose in Rotterdam (+1%). Rapeseed oil prices fell in Canada (-5%) and Rotterdam (-1%) due to record exports from Canada satisfying demand. Palm oil prices fell in Malaysia (-5%), Rotterdam (-3%) and Indonesia (-2%) due to lower demand as importers switched to alternative oils. Palm kernel oil prices fell in Malaysia (-9%), Indonesia (-6%) and Rotterdam (-6%).

    As we enter June the entire oil complex has increased and UK prices are pushed higher again due to weakening Sterling.

    Coconut oil prices fell in Rotterdam (-14%) but rose in the Philippines (+4%). Sunflower oil prices rose in Rotterdam (+2%) due to higher demand.

    Extra virgin olive oil prices remained stable in Italy (0%) and fell in Spain (-5%) where production turned out to be higher than expected. Lampante olive oil prices also fell in Spain (-3%).

    Grains

    Milling wheat prices rose in the UK (+4%) and Oats prices remained stable.

    Ingredients

    Prices for almonds from the US were on the rise again (+12%) following an increase in demand, supported by low almond prices seen in the past few months. Spanish almonds were also up (+8%). In Turkey, hazelnut prices increased (+4%) but remained steady in Spain (0%).

    In the dried fruit market, Turkish sultana prices declined (-9%); US raisins were also down last month (-5%). Dried apricot prices rose slightly (+1%) in Turkey, the main producer.

    Desiccated coconut prices were up in Philippines (+9%).

    Poppy seed prices rose on average in Germany (+3%) while sesame seed was up in India (+4%).

    Milk and Dairy

    EU butter prices increased in the UK (+7%) and the Netherlands (+5%) following an increase in exports to China, Saudi Arabia and the US.

    EU SMP and WMP prices increased (+3%).

    EU egg prices fell (-4%) with the largest decreases seen in France (-18%), the Netherlands (-13%), Belgium (-12%), Slovenia (-11%) and Spain (-11%), due to increased production and falling feed costs. EU processed egg prices fell with liquid white down (-11%), whole liquid egg down (-5%) and liquid yolk also down (-4%).

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