Multi level marketing company Nature’s Sunshine has recorded a sixth straight quarter of rapid growth. But as the company has significant operations in Russia and Ukraine, the war has complicated the company’s task of forecasting future results.
Global manufacturers of speciality infant formulas have received a major boost from the Chinese government, which has done away completely with the 20% import duty.
Supplement and food firms operating in China’s booming cross border e-commerce market have been buoyed by a year-long extension of the existing trade laws, which were due to be replaced on January 1.
China’s Commerce Ministry appears to have halted plans for more stringent cross border e-commerce rules, meaning many goods will still be regarded as personal trade, rather than for commercial distribution.
British businesses are almost half as confident about the British business environment as they were last year, a survey has shown. The UK’s Food and Drink Federation has appealed the government for a range of urgent measures seeking to secure the future...
It's good news for consumers but not for world farmers as Rabobank predicts low food prices in 2017 due to high global stock levels– despite instability in Europe and America.
Most respondents (60%) in a ‘state-of-the-industry’ survey, conducted by this website, fear a vote to leave the EU on June 23 will be bad for their businesses, increasing the costs of imported ingredients, while hitting exports and access to labour from...
Welsh probiotic company Cultech will use a free-trade deal to tap into the Chinese market, export ambitions that fall instep with the UK government’s plans to switch from ‘Made in China’ to ‘Made for China’.
We gave the European food industry a check-up at this year’s Food Ingredients Europe (FiE), talking with some of the industry's top ingredients players about EU health claims, economic recovery and how to remain competitive on a global stage.
New Zealand’s legitimate infant formula exporters are gearing up for the introduction of a brand register that the country’s Ministry for Primary Industries (MPI) is expected to introduce next month for formula products exported to China.
Europe’s food and drink sector remained strong in 2012 against all odds, but must not become complacent if success is to continue into 2013, the president of FoodDrinkEurope (FDE) says.
Food industry trade body FoodDrinkEurope has said a decision to cut research and innovation spending by 11% under the EU’s seven year budget proposal is likely to harm the competitiveness of the European food industry.
New Zealand authorities have begun action to stop unlawful exports of infant formula to China, after trade bodies blamed these for severely undermining the southern nation’s reputation for food safety.
Fonterra has been given a seat on an exclusive world trade advisory group which, the co-operative says, will allow it to aid the “smooth the flow” of New Zealand imports and exports.
Nutrition and fortification company LycoRed has won a prestigious Queen’s Award for International Trade from the UK government for its achievement in growing exports.
Restricting freedom of commercial speech; restricting trade between the EU and other countries and restricting the use of intellectual property (IP) such as trade marks, are three consequences of the EU nutrition and health claims regulation (NHCR) that...
The European Commission's ambassador to the United States, John
Bruton, has strongly criticized proposals that would tax imported
dairy products to pay for US promotional programs.
California, America's top food producing state, has sent its first
official agricultural trade delegation to Cuba to create future
food sales opportunities.
The Convention on International Trade in Endangered Species of Wild
Fauna and Flora (CITES) has been shaping its agenda and framework
according to the evolving global market.
American Herbal Products Association has presented comments to the
US Fish and Wildlife Service on revisions to its list of endangered
wild plant species to be protected from specimen trading -
particulary the natural antibiotic goldenseal.
China, producer of half the world's fruit and vegetables, is set to
overtake the Netherlands in the next two to three years to become
the world's third biggest fresh produce exporter in value terms,
predicts a new report...
NeutraHealth has issued an upbeat trading update for the despite
tough trading conditions over the summer months, as its recent
initiatives over exports, online trading and retail start to bear
fruit.
If the Chinese government gives in to mounting international
pressure to revalue its currency, it could spell the end of cheap
exports, a move that many anticipate would have a knock-on effect
on raw materials costs for the food industry....
The short sighted failure of greedy WTO trading partners to achieve
any sort of meaningful agreement on global agricultural tariffs is
bad for Europe's food industry.
Prices for soybeans, used to make edible oils and meat
alternatives, are still vulnerable with fresh figures showing China
will increase its pull on global stocks.
The US International Trade Commission imposed duties on shrimp
imports from six Asian and South American countries last week, in
the final stage of a trade dispute that has been blamed for high
glucosamine prices.
The US International Trade Administration yesterday announced its
preliminary determinations in investigations on shrimp dumping by
Brazil, Ecuador, India, and Thailand. These have already had an
important impact on glucosamine prices...
Findings from a new report from the Geneva-based World Trade
Organisation suggest today's highly processed food industry will
continue its thirst for ingredients, writes Lindsey Partos.
In the past two decades international trade...
The US Food and Drug Administration (FDA) is set to evaluate the
impact on foreign firms of its new laws on food imports, designed
to protect its food supply from bioterrorism.
New Zealand-based Comvita says it will use a grant received in
recognition of its business development to fast-track plans to link
the propolis science communities of Japan and New Zealand.
Chinese farmers are likely to increase organic output in a bid to
find lucrative new export markets, reports the China Daily.
Increasingly high non-tariff barriers by importing countries have
made it hard for China to export many...
