date:Feb 14, 2014
n from cheaper rivals in China and a glut of unsold inventory there.
The specialty food ingredients business accounts for roughly 29 percent of annual sales and about 65 percent of adjusted annual profit.
Tate said it expects sucralose prices to decline by about 15 percent in the current quarter and its next year financial year that starts in April, versus an earlier forecast for a mid-single-digit decline.
The company said it has renewed several multi-year supply contracts for sucralose at l