Ocean Spray Wraps Up May Trading Event

Article

Cranberry cooperative Ocean Spray sold 166,750 gallons of cranberry concentrate at its May 4 trading event, according to reports from Ocean Spray Ingredient Technology Group (Lakeville-Middleboro, MA).

Cranberry cooperative Ocean Spray sold 166,750 gallons of cranberry concentrate at its May 4 trading event, according to reports from Ocean Spray Ingredient Technology Group (Lakeville-Middleboro, MA).

A total of 17 companies participated in the event, which is held periodically to provide prospective customers with a transparent trading system.

Closing prices for three of the purchased contracts sold for an average 10% increase compared to closing prices at the company’s January 2011 trading event.

The next Ocean Spray cranberry concentrate trading event will take place in July.

Related Videos
Nils Hoem and Nutritional Outlook editor Sebastian Krawiec
Related Content
© 2024 MJH Life Sciences

All rights reserved.