Latest news with #SRW
Yahoo
a day ago
- Business
- Yahoo
Cocoa Prices Climb on Signs of Smaller Ivory Coast Cocoa Exports
September ICE NY cocoa (CCU25) today is up +147 (+1.76%), and September ICE London cocoa #7 (CAU25) is up +105 (+1.91%). Cocoa prices are sharply higher today, with London cocoa posting a 3-week high on concerns that a slowdown in the pace of Ivory Coast cocoa exports will tighten global supplies. Today's government data showed that Ivory Coast farmers shipped 1.75 MMT of cocoa to ports this marketing year from October 1 to July 27, up +6.1% from last year but down from the much larger +35% increase seen in December. More News from Barchart Does the 2025 Corn Crop Have a Pollination Problem? Weather Shocks vs. Oversupply: Are You Trading SRW Wheat's Next Big Move? Adverse Brazilian Weather and Tariff Concerns Boost Coffee Prices Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! Concerns about dry weather in West Africa are also underpinning cocoa prices. According to the European Centre for Medium-Range Weather Forecasts, rainfall in the Ivory Coast and Ghana this season remains below the 30-year average, and combined with high temperatures, risks hurting cocoa pod development for the main crop harvest that starts in October. A significant short position by commodity funds in London cocoa futures raises the potential for short covering. Last Friday, ICE Futures Europe reported that funds boosted their net-short London cocoa positions by 1,904 to 8,265 short positions the week ended July 22, the most in more than two years. Concerns over tepid chocolate demand are bearish for cocoa prices. Last Tuesday, chocolate maker Lindt & Spruengli AG lowered its margin guidance for the year due to a larger-than-expected decline in first-half chocolate sales. Also, chocolate maker Barry Callebaut AG reduced its sales volume guidance earlier this month for a second time in three months, citing persistently high cocoa prices. The company projects a decline in full-year sales volume and reported a -9.5% drop in its sales volume for the March-May period, the largest quarterly decline in a decade. Cocoa prices sold off earlier this month, with NY cocoa sinking to an 8-month nearest-futures low and London cocoa slumping to a 17-month nearest-futures low. Weakness in global cocoa demand has hammered prices. The European Cocoa Association reported on July 17 that Q2 European cocoa grindings fell by -7.2% y/y to 331,762 MT, a bigger decline than expectations of -5% y/y. Also, the Cocoa Association of Asia reported that Q2 Asian cocoa grindings fell -16.3% y/y to 176,644 MT, the smallest amount for a Q2 in 8 years. North American Q2 cocoa grindings fell -2.8% y/y to 101,865 MT, which was a smaller decline than the declines seen in Asia and Europe. In a bearish development, ICE-monitored cocoa inventories held in US ports reached a 10.5-month high of 2,368,141 bags last Tuesday. Higher cocoa production by Ghana is bearish for cocoa prices. On July 1, the Ghana Cocoa Board projected the 2025/26 Ghana cocoa crop would increase by +8.3% y/y to 650,000 from 600,000 MT in 2024/25. Ghana is the world's second-largest cocoa producer. Cocoa prices have support from quality concerns regarding the Ivory Coast's mid-crop cocoa, which is currently being harvested through September. Cocoa processors are complaining about the quality of the crop and have rejected truckloads of Ivory Coast cocoa beans. Processors reported that about 5% to 6% of the mid-crop cocoa in each truckload is of poor quality, compared with 1% during the main crop. According to Rabobank, the poor quality of the Ivory Coast's mid-crop is partly attributed to late-arriving rain in the region, which limited crop growth. The mid-crop is the smaller of the two annual cocoa harvests, which typically starts in April. The average estimate for this year's Ivory Coast mid-crop is 400,000 MT, down -9% from last year's 440,000 MT. On May 30, the International Cocoa Organization (ICCO) revised its 2023/24 global cocoa deficit to -494,000 MT from a February estimate of -441,000 MT, the largest deficit in over 60 years. ICCO said 2023/24 cocoa production fell by 13.1% y/y to 4.380 MMT. ICCO stated that the 2023/24 global cocoa stocks-to-grindings ratio declined to a 46-year low of 27.0%. Looking ahead to 2024/25, ICCO on February 28 forecasted a global cocoa surplus of 142,000 MT for 2024/25, the first surplus in four years. ICCO also projected that 2024/25 global cocoa production will rise +7.8% y/y to 4.84 MMT. On the date of publication, Rich Asplund did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
7NEWS
19-06-2025
- Health
- 7NEWS
The Future of Ageing Starts Here: SRW's cutting-edge nutraceuticals for energy, mobility, and immune health
Great health starts from within as does beauty and while many of us like to rely on anti-ageing products, it's actually more about what we are putting into our bodies rather than what we are putting on. Science Research Wellness (SRW) Laboratories is a biotechnology company based in New Zealand, committed to changing the way people think about and experience ageing. Through close collaboration with world-leading scientists, SRW develops cutting-edge epigenetic tests and nutraceutical supplements designed to support individuals in ageing well by caring for their cellular health. At the core of SRW's mission is a scientific approach to wellness. Their range of supplements is carefully formulated to support essential biological functions, targeting energy production, joint mobility, and immune resilience. One of SRW's most popular products is their NMN supplement which retails for $92 a bottle, containing 500mg of pure Nicotinamide Mononucleotide per capsule. NMN is a naturally occurring molecule found in all life forms, vital for the body's production of NAD+, a compound essential for cellular energy, DNA repair, and metabolic function. While trace amounts exist in food, SRW's NMN supplement delivers a clinically relevant dose that supports healthy ageing, brain and heart health, and overall vitality. Shoppers have given the NMN supplement, a 4.7-star rating on SRW's website. 'This supplement made me feel great very rapidly,' one impressed shopper wrote. 'It has greatly improved my mood and I have more sustained energy,' a second shopper added. 'The SRW NMN is top quality, it powers me through the entire day,' a third reviewer commented. Another key product in SRW's portfolio is Skl¹ Mobility which retail for $129 a bottle and are designed to promote joint health, flexibility, and strength. As people age, joint mobility can diminish, impacting daily movement and comfort. Skl¹ supports those looking to maintain an active lifestyle, whether it's used as a complement to regular exercise or as part of a broader long-term plan for joint maintenance. SRW also offers Imm¹ Defence, a supplement formulated to support the immune system through periods of recovery, stress, or high exposure to illness. It's particularly beneficial for individuals who are frequently exposed to pathogens, such as parents, travellers, and healthcare workers, as well as for athletes and physically active individuals who rely on strong immune function for training recovery. Beyond their science-backed formulations, SRW Laboratories is also known for its commitment to sustainability and ethical manufacturing. Their supplements are made in GMP-certified facilities to ensure high standards of quality, purity, and potency. SRW holds FernMark accreditation, a government-endorsed symbol of authenticity and a mark of its New Zealand origin. field of cellular health and nutraceuticals.
Zawya
30-01-2025
- Health
- Zawya
Global Edge launches three healthcare brands in Middle East and showcases their product lines at Arab Health 2025
Reports show consumer interest on health, fitness, nutrition, appearance, sleep, and mindfulness is growing in the Middle East. The three new brands will empower individuals to make informed decisions and choices for a healthier future. UAE: GE Services & Trading (Global Edge) a leading company serving as a gateway for businesses to expand to the GCC and MENA region, unveiled three innovative international healthcare brands – SRW®, eimele™ and Theronomic™ – at the Arab Health 2025 to cater to the growing demands for natural and effective healthcare solutions in the UAE and the Middle East region. This move is in line with the UAE's vision to advance healthcare under the 'Forward Society' pillar of 'We the UAE 2031 Vision,' which seeks to establish an integrated and accessible healthcare system, enhance quality of life, and promote future-ready healthcare solutions. Through SRW®, anti-aging products, eimele™ plant-based products, and Theronomic™ tribiotic supplements, Global Edge seeks to empower customers and enhance access to world-class products that support healthy lifestyles. SRW® ' Science Research Wellness ' offers a range of anti-aging products backed by scientific research. These products harness the power of natural ingredients to protect, repair, and rejuvenate cells, promoting longevity and vitality. With over 3.1 billion people worldwide struggling to maintain a balanced diet and up to 87 per cent failing to consume enough fruits and vegetables, eimele™ offers a range of plant-based solutions to address these nutritional gaps. The products are packed with phytonutrients, providing customers with essential nutrients, supporting optimal health, and ensuring healthier lifestyles. Theronomic™ TRIBIOTIC ® Gut Shield provides a comprehensive solution to gut health. By combining prebiotic, probiotic, and postbiotic ingredients, this innovative formula supports a balanced microbiome, ensuring targeted health benefits. Each capsule of this product contains 30 billion CFU from multiple strains to promote better digestive health and enhanced immune system function. Karim Hwalla, Director at Global Edge, stated: 'We are delighted to bring these innovative healthcare brands to the Middle East market. At Global Edge, we have emerged as a driving force and trusted leader in distribution and market entry. We believe that navigating successful market entry hinges on thorough research, a solid strategy, and dependable partnerships - principles that are deeply ingrained in everything we do. By aligning these elements with a practical and transparent approach, we have ensured that the journey of these new brands into the Middle East market was smooth and effective, especially by targeting events like Arab Health 2025.' 'Strategic location and supportive business environment of countries like UAE in the region make it an ideal platform for global brands to expand their reach. With its open market economy, economic stability, and support for private sector entities, the country offers innumerable opportunities for businesses to thrive. Hence, we are proud to support the UAE's vision to establish a world-class healthcare system,' he added A recent McKinsey research highlighted the growing consumer interest in overall wellness, with a particular focus on health, fitness, nutrition, appearance, sleep, and mindfulness. The research also emphasised that more people are expected to increase their purchases of both wellness products and services over the next year, particularly those that emphasise physical and mental health. This increasing demand for wellness products and services aligns with the offerings of the three brands launched by Global Edge. By introducing these brands, Global Edge aims to contribute to the Middle East's growing healthcare sector and empower individuals to make informed decisions and choices for a healthier future. -Ends-
