Confectionery has seen modest growth worldwide over the past year
but markets such as Latin America and Asia Pacific are proving
particularly buoyant, according to a new report from market
analysts AC Nielsen which identifies growth...
Swiss chocolate maker Barry Callebaut is gearing up for the
chocolate market of the future, with the final go-ahead for its
first production plant in China
China will remove the import duty on Indonesian cocoa from 1
January next year, a move likely to increase demand for the beans
from the world's third biggest producer.
If the Chinese government gives in to mounting international
pressure to revalue its currency, it could spell the end of cheap
exports, a move that many anticipate would have a knock-on effect
on raw materials costs for the food industry....
Sweets such as chocolate and toffees will not be sold in school
canteens throughout Russia from September 1 of this year under a
new initiative announced by the country's chief sanitary doctor,
Gennady Onischenko.
Cargill has taken full control of its xanthan gum joint venture in
China, opening the way for it to take a bigger share of the
competitive gums market.
Sugar prices on China's futures market fell sharply this week as
the government announced that it would auction 552,000 tons, mostly
from its reserve stocks, to stabilise prices.
A new Bosch plant in China is slated to become the German packaging
group's Asian headquarters, offering local confectionery makers
better prices over imported machines.
Barry Callebaut has begun construction of a new state-of-the-art
chocolate factory in Russia, which should help the chocolate giant
better target the central and eastern European market.
Dalian Commodity Exchange, China's largest futures exchange by
volume, is considering introducing palm oil futures, allowing food
processors to hedge risks on the increasingly used ingredient.
Food and beverage firms making premium products will cope best with
the current surge in price of both Chinese and imported sugar, with
higher margins to cover the rise in costs.
