Help for food manufacturers battling soaring sugar prices could arrive in mid October when the European Commission (EC) will unveil plans to reform the European Union (EU) sugar regime, according to industry sources.
Real Good Food Company (RGFC) chairman Pieter Totté said he hoped the “difficult years” for sugar were over after the firm saw a slight increase in 2010 pre-tax profits, but warned that it would look abroad for stocks after sharp UK price rises.
Associated British Foods (ABF) is the UK processor that stands to gain the most from declining volatility in sugar prices, according to Phil Spencer,...