Market Update
19th December 2012
Clifton Buying Group
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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
Holly Hawthornthwaite
Tel: 07867 458931
Jonathan Stamp
Tel: 07791 796628
Office Tel: 01253 607921 Fax: 01253 763400
3 Neptune Court, Hallam Way, Whitehills Business Park, Blackpool, FY4 5LZ
Content
Currency Exchange Rates
Wheat, Maize and Soya Bean 2013
Top Product Survey 2012
Wholesale Seafood Prices
On the Radar
Currency Exchange Rate
28th November 2012
Currency
Increase/
Decrease
Rate
19th December 2012
Currency
Rate
GBP – EUR
1.24
GBP – EUR
1.23
GBP - USD
1.60
GBP - USD
1.63
EUR – USD
1.29
EUR – USD
1.32
EUR – GBP
0.81
EUR – GBP
0.81
USD – GBP
0.62
USD – GBP
0.61
USD – EUR
0.77
USD – EUR
0.76
= Decrease
= No Change
= Increase
Source: http://www.xe.com/
Price Volatility Forecasted for 2013
Wheat, maize and soya bean prices are forecasted
to rise early in 2013 as the commodities markets
are hit with more price volatility, rebuilding global
stocks after poor harvests is the early key
challenge, on a positive note prices should drop
later in the year barring bad weather
Top Product Survey 2012
Product Category
Product
£Million Sales
Carbonated Drink
Coca Cola
1,152.0
Rice
Uncle Bens
134.0
Tea
P G Tips
136.5
Coffee
Nescafe Original
163.6
Fresh Milk
Cravendale
151.2
Chocolate
Cadbury Dairy Milk
424.7
Cereals
Weetabix
145.8
Bread
Warburtons
526.2
Lager
Stella Artois
462.0
Spirits
Smirnoff Red Label
346.0
Wine
Blossom Hill
252.4
Source: The Grocer
Wholesale Seafood Prices
Product
Prices £/t
Change
m-o-m
Change
y-o-y
2,661
-3.2%
25.6%
Skipjack Tuna
1,268.6
-11.1%
5.8%
Jack Mackerel
2,293
-4.1%
8.8%
Salmon
2,840
9.1%
14.7%
Cod
3,397
-10.5%
-13.6%
Haddock
873.3
-6.7%
-24.2%
Yellow Fin Tuna
1,969
-3.5%
17.8%
Coldwater Prawns
Source: Mintec
On the Radar
• Coffee, cocoa and sugar price forecasts for 2013 look
relatively stabled as supply and demand is better
balanced
• Prices soar on 40% of supermarkets value own label
lines – brings a true meaning to value !!
• Brakes have refinanced £900m as it looks to build
more multi temp depots
• Gas prices are again moving in the wrong direction
up 4.6% month on month and 20.7% year on year