-
The war in Ukraine is disrupting strained global supply chains.
-
One commodity that has been hit is cooking oil. Together, Ukraine and Russia supply lots of it.
-
Below are local impacts in the US, UK, Indonesia, Germany, the Netherlands, India.
The global cooking-oil supply is taking a hit from the war in Ukraine, and it’s being felt all over the world, from Indonesian markets to fish-and-chips shops in the UK.
Russia and Ukraine collectively export close to two-thirds of the world’s sunflower oil, a main ingredient in many packaged and prepared foods, which has made finding sunflower and other vegetable oils more difficult, putting more pressure on a market already strained by extreme weather and droughts.
International consumers are struggling to stock up or find replacements: Shelves in Spain are empty, consumers in India are buying in bulk, and grocery stores in the UK have limited the number of bottles people can buy.
www.businessinsider.com/cooking-oil-shortage-ukraine-war-us-uk-indonesia-germany-netherlands-india-2022-5#us-1
h/t last one
Views: 7