Industry news & Vesper highlights
Vesper has modelled three commodity price scenarios based on the Brent price. The duration of the Middle East conflict and impact on oil infrastructure is important for Brent. Best case – Brent at $80/barrel Conflict ending in 1–2 weeks, with limited infrastructure damage. Vegetable oil, grain, and sugar prices return close to pre-conflict levels. Freight […]
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Palm oil prices dropped sharply, with BMD spot crude palm oil declining $50 per metric tonne to $974/mt as concerns...
The European Union will propose granting companies six months of leeway to comply with its deforestation law, reducing the relief...
High cocoa prices are driving recipe changes across the chocolate industry, with companies replacing traditional cocoa with alternative ingredients and...
Chocolate manufacturers are confronting an uncomfortable reality: consumers have reached their limit on price increases. Mondelez International revealed in its...
European sugar prices have declined sharply in recent weeks, with ex-factory beet belt values now trading at €450 on a...
The US dairy market experienced volatility this week as exchange rates, trade developments, and macroeconomic policy created competing pressures. NFDM...
Chocolate manufacturers are discovering that consumers have limits when it comes to price increases. Mondelez International revealed that European chocolate...
US cheese prices have climbed to levels where international competitiveness is becoming a challenge, while European cheese is being offered...
Raw sugar futures collapsed to 14.37 cents per pound on October 28th, marking the lowest level since April 2021. The...
