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So far markp has created 127 blog entries.
Oct 30, 2023

Ingredients Market Report: November 2023

2023-11-30T14:39:44+00:00October 30th, 2023|Market reports|

Generally, markets have started to turn on more or less all items now. Additional freight rates are on the up, fuelled in particular by the current situation in Israel/Gaza. We have seen rates from China increase 100% this week alone. Obviously, oil is also firm adding surcharges on top of rates. Buying interest is also returning for 2024 now, as we at last see the delayed positions of consumers starting to be used up.

Oct 05, 2023

Ingredients Market Report: October 2023

2023-10-30T09:30:37+00:00October 5th, 2023|Market reports|

Sterling has weakened with the pausing of interest rate rises, and perhaps waits for some indication from the conservative party conference on the UK approach to investment & growth which will be heralded by the announcement re HS2. Otherwise, US dollar strength is impacting. UK inflation is improving and likely to continue, although whether the Governments targets will be met is still open to doubt.

Sep 01, 2023

Ingredients Market Report: September 2023

2023-10-05T10:14:42+01:00September 1st, 2023|Market reports|

The last few months have been all about interest rate rises to attempt to control the increase in inflation globally. These actions are likely to pause for a few months with attention switching to the various published data. So far these are tending to show a weaker situation in both the EU and UK compared to the US.

Aug 18, 2023

International teams gather in London for our Summer 2023 party

2023-09-05T10:41:56+01:00August 18th, 2023|News|

Following the success of last year's 15th anniversary celebrations at Ascot, Unicorn teams from Germany and the UK came together for 2023's summer party. This year, the Unicorn team went to London together to spend an evening on the Thames. We enjoyed the opportunity to meet face-to-face and catch up on the past year's events as well as discuss our plans for the coming year.

Aug 08, 2023

Ingredients Market Report: August 2023

2023-08-31T01:10:35+01:00August 8th, 2023|Market reports|

It seems like both inflation and interest rates are likely to have peaked in the USA, EU and UK now with inflation starting to fall. In the UK there is some confidence it will return to the Governments target of halving it within 2023. Markets are looking firmer generally despite new crops being on the horizon. For a variety of reasons from different areas we are off the bottom generally.

Jul 05, 2023

Ingredients Market Report: July 2023

2023-08-08T10:45:37+01:00July 5th, 2023|Market reports|

Falling inflation rates in both the EU & USA have indicated that perhaps further interest rate rises in the USA maybe slowed, whilst the EU is more likely to add further increases in the coming weeks. Overall, we are seeing the US dollar weakness at present against both Sterling and the Euro. With Sterling particularly strong against both currencies, partly as a response to the latest interest rate increase.

Jun 01, 2023

Ingredients Market Report: June 2023

2023-07-05T15:14:18+01:00June 1st, 2023|Market reports|

Last minute agreement over the USA debt ceiling prevents turmoil in global markets. Whilst never really expected not to happen it introduces uncertainty into the markets which is never good. Poor UK news on inflation tends to point to at least one further interest rate rise when the Bank of England meets. The Euro is at its weakest since the beginning of 2023, not helped by Germany being officially in recession due to a drop of in global demand.

May 04, 2023

Ingredients Market Report: May 2023

2023-05-31T13:10:34+01:00May 4th, 2023|Market reports|

Major issues surround the US Dollar currently with two over riding concerns. Firstly, are we in another banking crisis or are we not? Secondly will the US increase their debt limit for the 74th time to permit the Government to increase borrowings to pay personnel amongst other issues. One assumes yes to this point. However, together they put the US$ on the back foot and as a consequence we see the € and £ appreciating.

Apr 18, 2023

Unicorn Ingredients supports Cheetah Conservation Fund: update

2023-04-18T11:38:14+01:00April 18th, 2023|News|

As in December 2021, at Unicorn Ingredients we have continued our support of the Cheetah Conservation Fund (CCF) into 2022/3. Instead of gifts and Christmas cards for our business partners, Unicorn donated the money to the CCF to continue supporting its work. This is an update of our donated dog Jenny's progress in 2023.

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