Pineapple tribulations
“It’s the same old story,” was the reaction of a canned fruit importer this week when asked about the prospects for the summer pineapple crop in Thailand. “Higher tin plate costs - up 42% - and adverse weather conditions,” he added.
A drought over the last few weeks will have an effect on the fruit available for processing. But processors remain hopeful that prices, which have come down by around 20% over the last few months, will be maintained.
According to sources in Brussels, serious consideration is being given to a reduction in duty on tuna imported from Thailand and the Philippines. The rate would drop from 24.4% to 20.4%.
With continuing raw material problems, any easing of the tariff would be welcomed by UK importers. “We are struggling to maintain promotional activity, which is key to growing the market,” said one.
A combination of healthy demand and the weak dollar has helped lift Turkish sultana prices.
Taris, the state owned co-operative, now holds approximately two thirds, of remaining stock. This gives it clout when it comes to influencing prices for the second half of the season.
Specially cleaned standard no9s are trading circa $975 per tonne fob Izmir, with prices of the different quality grade of fruit being influenced by the availability of stocks.
Greek currants are becoming increasingly competitive. Good quality provincials are trading at around €1,050 per tonne fob Piraeus. Californian raisin demand remains healthy, underpinned by a weakening US dollar and price rise forecasts.
Chilli con carne cleared
Confirmation that Brazilian meat canners do not source their chilli requirements from India has allayed fears that they may be implicated in the Sudan 1 food scare.
Substantial quantities of chilli con carne are sourced in Brazil.
“It’s the same old story,” was the reaction of a canned fruit importer this week when asked about the prospects for the summer pineapple crop in Thailand. “Higher tin plate costs - up 42% - and adverse weather conditions,” he added.
A drought over the last few weeks will have an effect on the fruit available for processing. But processors remain hopeful that prices, which have come down by around 20% over the last few months, will be maintained.
According to sources in Brussels, serious consideration is being given to a reduction in duty on tuna imported from Thailand and the Philippines. The rate would drop from 24.4% to 20.4%.
With continuing raw material problems, any easing of the tariff would be welcomed by UK importers. “We are struggling to maintain promotional activity, which is key to growing the market,” said one.
A combination of healthy demand and the weak dollar has helped lift Turkish sultana prices.
Taris, the state owned co-operative, now holds approximately two thirds, of remaining stock. This gives it clout when it comes to influencing prices for the second half of the season.
Specially cleaned standard no9s are trading circa $975 per tonne fob Izmir, with prices of the different quality grade of fruit being influenced by the availability of stocks.
Greek currants are becoming increasingly competitive. Good quality provincials are trading at around €1,050 per tonne fob Piraeus. Californian raisin demand remains healthy, underpinned by a weakening US dollar and price rise forecasts.
Chilli con carne cleared
Confirmation that Brazilian meat canners do not source their chilli requirements from India has allayed fears that they may be implicated in the Sudan 1 food scare.
Substantial quantities of chilli con carne are sourced in Brazil.
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