On Thursday, amid the global overproduction, World sugar market the second consecutive trading session closed on the slide. So, Friday March futures on raw sugar on the New York Mercantile Exchange ICE, a decrease of 0,4% in relation to the previous session, to close at 19,38 cents / lb (427 USD per ton). continue Reading »
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Kazakh confectioners call for the harmonization of the Customs Union legislation in relation to the Soviet confectionery brands
Kazakh producers of sweets offered to harmonize the legislation of the Customs Union in the field of protection of intellectual property rights. At the moment, bakers of Kazakhstan can not supply them issued by the Soviet candy brands in Russia because of the patent protection of trademarks. While the Russian producers during the first six months 2012 year increased their share in the Kazakhstan market of imported sweets to 73%. continue Reading »
The week ended with the growth of cocoa prices in global markets
Cocoa prices rose by commodity exchanges in New York and London by the end of this week. Concerns about possible supply disruptions in the season, which starts in October, continue to attract investment in the sector, even, despite the decline in refining volumes in Europe and North America. continue Reading »
Accession to the WTO will not affect the Russian chocolate market
The Russian chocolate market in 2011 It grew by almost a quarter compared with the 2010 year. Similar rates of market growth seen in previous years.
chocolate market in Russia is little affected by world events, so the crisis, occurred in 2008-2009 years, It did not affect the development of the chocolate market. In 2009 year market growth rate declined slightly to 19%, However, throughout the period they were consistently positive.
Increasing the volume of the market of chocolate in value caused not only by an increase in average consumer prices, but also rising demand for chocolate. continue Reading »