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Markettelegram – 14.08.2010

Coriander
Russia is  burning. Even the Urkaine is suffering under drought. Unfortunately not only wheat is affected, but other agricultural products as Coriander, too. Although there is a new crop, prices are beginning to increase slowly. Please check your demands of the next months.

Ginger
There is a slight influence of the better USD-currency, which we passed over to our prices. Situation will be probably better in January, if African suppliers supply their new crop.

Garlic- China
Never had such a price-situation before!  For Garlic flakes, produced from new white-colored crop, Chinese suppliers ask now for prices of EUR 6,00 p/kg. Please check your stocks for the next 12 months, because we do not expect relief. We already warned  of these price-shocks three months ago, when we saw a price level of EUR 4,00 p/kg!

Caraway
New crop is arriving and due to good deals, we can reduce the prices slightly. Please be aware of the fact, that caraway is mostly from Eastern Europe and Finland and may be we  will be in the same situation as with Coriander!

Mace
Supply situation is worse worldwide. New offers from Indonesia are not available. New Corp is expected in spring 2011 earliest.

Pepper black and white
After massive price-increases during the last two months, situation is calming now due to holiday season and beginning of Ramadan. If demands increase during the second half of September, we hope that we will have at least a weak USD! We do not expect lower price-levels by March/April 2011!

Allspice/Piment
Crop has started, but sluggish shipments are taking place.  Cernels are very little, partly still too green and due to the rain very wet, too. European coverage is badly forecasted for the next three months and thus higher prices for a short time. Check your demands!

Onions
Demand is reluctant and new Egyptian crop is ready for shipment. Slight price-reductions are possible for the next months.

Aspic powder
Prices are at the trough - and can consequently only increase ! Check your stocks!

Approved again: TÜV Nord Cert. GmbH, an independent recognised German authority, tested our Management System in a recertification Audit during May 2010 and validated the implanted management system for further years, proving that our Management system is working still on a high level. 

Scrutinized on a high level: AKO demonstrated compliance with the high level Nestlé Supplier Code through a third party audit (SGS Control)  in April 2010 and is now „Nestlé Approved Supplier"!  Congratulation to our successful team!

- all indications without our obligation-

   
 
   
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