date:Sep 05, 2012
ssure from volatile commodity costs.
Industry trade associations such as The Association of the Chocolate, Biscuit and Confectionery of Europe (CAOBISCO) have said that EU sugar quotas have constrained the European sugar supply putting confectioners under threat. Nestl head of procurement Tim Innocent also told a UK House of Lords Select Committee last month that his company would be under pressure until EU Common Agricultural Policy reforms deregulated the market.