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RED SEA UPDATE: The ongoing crisis in the Red Sea, marked by several attacks on commercial vessels, continues to disrupt a key artery of global trade. To learn how this affects your business with Unicorn Ingredients, please read our press release.

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So far markp has created 134 blog entries.
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.

Apr 04, 2023

Ingredients Market Report: April 2023

2023-05-04T10:51:54+01:00April 4th, 2023|Market reports|

Currency update The Us Dollar has continued to weaken recently as manufacturing data, and financial sector issues impact and potentially impact the Feds likelihood to continue increasing interest rates. Generally, the US dollar benefits from unstable economic outlooks, and 2023 is seen as perhaps less volatile than recent years, so potentially this could [...]

Mar 30, 2023

IFE 2023 was a great success

2023-04-17T14:21:30+01:00March 30th, 2023|News|

As in March 2022, Unicorn Ingredients exhibited at IFE Manufacturing again this year. From March 20th to March 22nd, 2023, team members from the UK and the German offices were at our booth to represent the company. During the three days of the fair, exciting discussions were held with customers, suppliers and potential business partners and many interesting contacts were made in order to further promote the growth of Unicorn Ingredients in the coming years.

Feb 23, 2023

Ingredients Market Report: February-March 2023

2023-04-04T13:02:07+01:00February 23rd, 2023|Market reports|

Generally, whilst struggling with strikes and cost of living issues the UK economy has so far avoided recession, and the Government has had good news regarding balance of payments in January. Attention now turns to the March budget and what level of fiscal restraint is required. Sterling is also hoping for a positive outcome to the Northern Ireland protocol which should help build positive relationships within the EU.

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