The information we get from the cultivation areas in the Mediterranean are not very promising. While the harvest yields in Turkey seem to reach normal volume, the expected quantities in most of the Mediterranean regions are significantly below normal levels.
- Spain – 50%
- Italy – 35-40%
- Morocco – 20%
- Portugal – 30%
- Turkey as in the previous year
In view of these forecasts prices have risen sharply in recent weeks. Without knowledge of the expected harvest quantities, the kibblers were not willing to make offers to the producers of Locust bean gum until a few days ago. In turn, this led to the fact that producers were unable to offer prices and quantities of LBG. As a result, prices reached a high level which we have not seen for long time. Due to this situation, we do not expect prices to fall. Only after the harvest has been completed and total crop size will be known the kibblers will fix prices for seed and LBG producers will be able to offer quantities and prices.
The purchasing power of Dupont as the largest buyer of seeds will also have an important impact on prices. We recommend medium to long-term coverage, providing that the necessary quantities are available and can be offered at all.
Compound coatingsAugust 2nd, 2018
Ingredients UK are now able to offer compound coatings for many applications, see below for details. Milk Chocolate, Dark Chocolate, White Chocolate, Caramel, Yoghurt, Lemon, Orange, All compound coatings are gluten free. Some options available as sugar free/ low sugar and dairy free. Bespoke compound coatings available, MOQ 1000 – 3000kg For further information please contact the […]Read more...
BRC Agents & BrokersJuly 10th, 2018
Ingredients UK Ltd are delighted to announce we have achieved an A grade for our first BRC Agents & Brokers. Since our inception five years ago we have worked tirelessly to provide a high level of service to our customers. This has therefore set a high benchmark in our company to offer only the best quality ingredients. […]Read more...
LBG Market ReportNovember 7th, 2017
The information we get from the cultivation areas in the Mediterranean are not very promising. While the harvest yields in Turkey seem to reach normal volume, the expected quantities in most of the Mediterranean regions are significantly below normal levels. Current estimates: Spain – 50% Italy – 35-40% Morocco – 20% Portugal – 30% Turkey […]Read more...
Back to blog