A new report from the World Development Movement (WDM) links financial speculation to the rising cost of foods, and calls for effective regulation to curb banks betting on food prices in financial markets.
Turmoil in the global financial markets could, ironically, offer relief to prices in the commodity exchanges, where leading confectioners lock in key raw materials for their formulations, with evidence this week suggesting a wave of non-commercial speculators...
The global commodity market continues to worry confectionery and
sugar firms, as AB Foods profit is dented by sugar reforms, Nestle
combats costs with price hikes, and Cadbury may be ripe for