Let up in sugar and cocoa commodity commotion unlikely, analyst

By Jane Byrne

- Last updated on GMT

Related tags: Cocoa, Sugar

As the market and industry weighs the impact of turmoil in Ivory Coast on cocoa supply and tightness in sugar trade continues, we talk to Rabobank analyst Keith Flury to see whether there will be any let up in commodity commotion in 2011.

Flury stressed the importance of market fundamentals and political events rather than hedge fund speculative engagement as a driver behind the volatility of the two ingredients.

He also said that end user manufacturers may not have as much cover as they orginially thought when it comes to cocoa stocks and are now getting nervous about inventories.

According to Flury, EU intervention measures on sugar may ease supply pressure in the bloc in the short term but volatility in the commodity is set to continue due to global market conditions.

Related topics: Commodities, Cocoa & Sugar, Ingredients

Related news

Show more

Related products

Create sugar-less chocolate with Isomalt

Create sugar-less chocolate with Isomalt

BENEO | 10-May-2022 | Technical / White Paper

Almost 1 in 4 consumers in the US say the best way to control sugar intake is eating less sugar-full candy. But nobody likes to give up on a good tasting...

Sugar-Free Doesn’t Have to Be Boring

Sugar-Free Doesn’t Have to Be Boring

Glanbia Nutritionals | 15-Mar-2022 | Product Brochure

The use of bright or unexpected colors to attract consumer’s attention online has created a market for colorful food and drinks that can “go viral”. EdiSparklz...

AVAILABLE IMMACULATE CHOCOLATE CONFECTIONARY PLANT

AVAILABLE IMMACULATE CHOCOLATE CONFECTIONARY PLANT

Global Food Properties | 03-Jan-2022 | Product Brochure

Located in Western Colorado, this 278,400 square foot chocolate confectionary plant features high-volume production infrastructure including purpose-built...

Related suppliers