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 October 2017

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

    FX Rates

    Currency against Sterling Opened September Closed September
    Dollar 1.29 1.35
    EURO 1.085 1.14

    Softs

    Sugar prices are being weighed down by expectations of a large global sugar surplus in 2017/18, in particular an increase is expected from the EU following the lift on restrictions for production and exports. Cocoa Bean prices rose on ICE US (+4%) but fell in London ICE (-1%). Cocoa production has been revised further up, to a record 4.7m tonnes, up 18% y-o-y. Cocoa Butter prices remained stable in the UK (0%). Cocoa Powder prices fell in the UK (-1%).

    Oils and fats

    Soyabean oil prices fell in Rotterdam (-1%) and Argentina (-1%) due to forecasts of higher soyabean oil production during 2017/18. Rapeseed oil prices rose in Rotterdam (+2%) and Canada (+2%) driven by forecasts of tight global supplies for the next season.

    Palm oil prices rose in Indonesia (+3%), Rotterdam (+3%) and Malaysia (+2%) as a result of low stocks alongside higher global import demand. Palm kernel oil prices rose in Malaysia (+27%), Rotterdam (+10%) and Indonesia (+10%) due to declining stocks.

    Coconut oil prices fell in Rotterdam (-5%).

    Grains

    Milling wheat prices rose on Euronext Paris (+8%) and CBOT US (+7%.) driven by increased demand from the feed sector.

    Grains

    Milling wheat prices rose on CBOT US (+7%), in the UK (+3%) and Germany (+1%), but fell on Euronext Paris (- 1%).

    Oat prices rose on CBOT US (+10%) and Finland (+4%). Rye prices remained stable in Finland (0%).

    Ingredients

    Hazelnut prices were down in Turkey (-1%). Almond prices rose in the US (+1%) but fell in Spain (-1%). For dried fruit, raisin prices continue climbing in the US (+8%) and are also up in Turkey (+2%).

    Greek currants are suffering from low crop volume with no carry over from last year’s crop.Prices remain high. Desiccated coconut prices remained stable in the Philippines (0%).

    Milk and dairy

    Butter prices rose in the EU (+6%) as supplies of milk fat remain tight. Butter prices continued to rise in the UK (+1%). In addition, butter prices fell in the US (-3%) but remained stable in New Zealand (0%). Prices for cheese in the EU continue to rise Emmental (+5%) and UK Cheddar (+4%.)

    SMP prices fell 5% in the EU and WMP prices fell (-4%).

    Shell egg prices rose in the EU (+11%), driven by increases in Italy (+23%), France (+21%), the Netherlands (+16%) with whole liquids (+36%), yolk powder (+26%), yolk liquids (+24%), whole powder (+19%) due to the Fiprinol scare.

    Energy

    Oil and oil products prices increased m-o-m on high political tension (Kurdistan referendum and North Korean threats), while petrol prices were negatively affected by the end of driving season. Brent crude oil prices rose on ICE London (+11%) with Diesel prices rising (+14%).

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