Andre Pectin raises pectin prices

Andre Pectin raises pectin prices

Unprecedented price increases in citrus peel and apple pomace prompted this pectin price jump.

Andre Pectin announced to raise prices for its whole range of pectin products by 10 to 20 percent for all markets. Exact increase rate will depend on the product grade.

The price increase will be effective for all deliveries on and after Nov. 1, 2013.

In the past two years, we have been experiencing unprecedented price increases in citrus peel and apple pomace. Unfortunately, this situation is deteriorating and hurting the market due to worsened supply of raw materials in the new season. While Andre Pectin continually optimizes its costs along the entire value chain, the impact of such external pressure can no longer be offset by improving process efficiency alone. This further price increase is necessary to enable Andre Pectin to continue to deliver the market and its loyal customers the best value with high quality products.

Andre Pectin’s pectin products are widely used in a variety of food applications, including jams and fruit spreads, confectionery, fruit preparation for yoghurt, beverages, acidified dairy drinks and health supplements.

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