Archives for February 11, 2005

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Cheaper alternative to soaring grapefruit oil launched

The hurricanes that swept through the US last year caused great devastation to many crops. Grapefruit prices, in particular, soared, provoking flavor companies including IFF to come up with alternatives, Philippa Nuttall reports.

Wheat market remains unstable

Prices for key raw materials used by the food industry are lighter this month on gains in wheat, corn and soybean inventories, but analysts suggests wheat prices are open to upside risk.