Bakery Suppliers and Catering Suppliers

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Trade account holders can place their orders on line 24 hours a day 7 days a week making ordering from BAKO even easier. Find out now how easily ordering online from BAKO can be.

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Important Customer Information

To achieve a high level of health protection for consumers, the buyer is advised that products supplied from BAKO North Western are produced/retailed in line with stringent current guidelines. It is the sole responsibility of the buyer that products which may contain allergens or products which may cause intolerances' be manufactured/retailed in line with current legislations.


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Market Report Update

  • Market report up until September 2016

    All percentage changes in this report refer to month-on-month price changes and are provided by Mintec.

    FX Rates

    Currency against Sterling Opened July Closed July
    Dollar 1.33 1.32
    EURO 1.19 1.18

    Energy

    Brent crude oil prices fell on ICE London (-6%) due to uncertainty over the global economic outlook including concerns over the UK’s vote to leave the EU, and a stronger USD.

    EU diesel (-8%) fell to their lowest level in over two months due to high stock levels and falling demand.

    Soft Commodities

    Sugar prices rose on London ICE (+2%) due to an increase in consumption, which has been steadily increasing y-o-y. The increase in consumption will see ending stocks for 2016/17 fall to the lowest level in six years at 40.5m tonnes, down 13% y-o-y.

    Large volumes of cocoa beans continue to be rejected at ports in the Ivory Coast due to poor quality, which has caused a reduction in exports. Both cocoa butter (+7%) and powder (+4%) rose in the UK.

    Oils & Fats

    Soyabean oil prices rose in Rotterdam (+2%) due to the slowdown of South American crushing and exports. Rapeseed oil prices rose in Rotterdam (+3%) due to lower than expected production of rapeseed in 2016/17.

    Palm oil prices fell in Rotterdam (-3%) due to lower demand caused by increased prices earlier this year. Palm kernel oil prices fell in Rotterdam (-4%) but remained stable in Indonesia (0%). Coconut oil prices fell in Rotterdam (-3%).

    Extra virgin olive oil prices rose in Spain (+4%), but remained stable in Italy (0%).

    Grains

    Milling wheat prices rose in the UK (+10%) while oats prices fell on CBOT US (-4%) and in Finland (-2%).

    Ingredients

    Expectations of a large 2016/17 crop in California, the main almond producer, drove almond prices down (-5%) in the US. US almond production is forecast to rise by 8% y-o-y in 2016/17. In Spain, almond prices fell (-7%).

    Turkish prices for hazelnuts were up (+15%), as the production for the new 2016/17 season is projected to decline from last year. For dried fruit, Turkish dried apricot prices rose slightly (+1%), as did sultanas (+2%) but raisins remained steady (+0%).

    In Germany, prices were up for poppy seeds (+9%) and sesame seeds (+3%).

    Milk & Dairy

    On average EU butter prices increased yet again (+12%) and the UK (+16%), due to a lack of available cream fat. Major UK producers only churning for contracted tonnage.

    EU SMP prices continued to increase (+2%) and EU WMP prices increased on average (+3%), driven increased export demand and low availability of milk.

    Cheddar prices rose in UK (+8%) as a result of higher UK exports outside the EU. New Zealand cheddar prices remained stable (0%). EU egg prices remained stable (0%) due to falling feed costs and increased production. EU processed egg prices increased (+2%), with liquid yolk and whole liquid egg prices remaining stable (0%) and liquid white fell (-5%).

A Warm Welcome to BAKO North Western.

BAKO North Western is a leading food service company, specialising in bakery supplies, serving the North West region from the company's headquarters in Preston, Lancashire. Launched over 50 years ago as a regional buying co-operative , today BAKO provides bakery ingredients, Food Ingredients, and food service products to Bakers, Butchers, Food Manufacturing Companies, Catering Companies, Restaurants, Cafes, Coffee Shops, Sandwich Shops, Schools, Colleges and indeed any sector where a quality food wholesale supplier can add value to our clients business. The area we cover includes Lancashire, Cheshire, Parts of Cumbria, Merseyside, North Wales, Greater Manchester, West Yorkshire, South Yorkshire, Leicestershire and Nottinghamshire. Visit our Contact page for more information on the areas we cover.

Trade customers looking for the UK's leading Bakery Supplies Company choose BAKO every time for ambient, chilled, frozen, food ingredients and non food products as a result of over 50 years food service experience to the bakery industry, food manufacturing and customer focussed food industries.

Why not join us today, call 01772 664300