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Market Update 7 th January 2013

Market Update 7 th January 2013. Clifton Buying Group.

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Market Update 7 th January 2013

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  1. Market Update 7th January 2013

  2. Clifton Buying Group • Clifton Buying Group is a leading supply solution business, which specialises in negotiating with suppliers to improve pricing, and reduce costs in order to enhance profits for our clients. Our services are specifically developed for all business sectors including Healthcare, Hospitality, Education and Retail. • Clifton Buying Group works with over 2,000 businesses with a combined client spend of over 30 million through a network of over 200 national and local suppliers allowing our customers to make savings across all product categories. • At Clifton Buying Group we firmly believe in the personal touch, so as a customer you will work with a dedicated account manager, their role is to work closely with you and your team to ensure you get the most out of Clifton Buying Group. • We offer a full purchasing support system, not only do we secure your prices we undertake all invoice checking, market benchmarking, monitor global product trends and supply our clients with full financial diagnostics on a monthly basis. Contact: Steve Lawton Tel: 07768 802319 Jonathan Stamp Tel: 07791 796628 Holly Hawthornthwaite Tel: 07867 458931 OfficeTel: 01253 607921 Fax: 01253 763400 3 Neptune Court, Hallam Way, Whitehills Business Park, Blackpool, FY4 5LZ

  3. Content • Currency Exchange Rates • Dairy Prices 2013 • Alcohol Price Comparison • Wholesale Fruit and Veg Prices • On the Radar

  4. Currency Exchange Rate Increase/Decrease 19th December 2012 7th January 2013 = Increase = Decrease = No Change Source: http://www.xe.com/

  5. Dairy Prices 2013 Higher dairy commodity prices are all but inevitable in 2013, on the good side price increases are likely to be less dramatic and happen later in the year than previously expected this is driven by milk production as the cost of feed has soared and production has stagnated

  6. Alcohol Price Comparison

  7. Wholesale Fruit & Veg Prices Source: Mintec

  8. On the Radar • Amazon now sells over 150,000 grocery products on line – is this the end of the corner shop? • New year same old issues with weather resulting in cocoa prices up 93.3% and tea up 4% year on year • First Milk has down played the financial impact of a food safety recall that affected 31 batches of own label cheese, experts believe the recall will cost as much as £250,000 • Pig industry issues warning over cheap illegal imports, always look for the independent British red tractor logo

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