Russia has raised the ceiling on sunflower oil and sunflower meal exports, the government announced today, citing the satisfactory level of quantities available on the domestic market. Moscow banned sunflower seed exports from late March to late August, imposing restrictions on sunflower oil exports to avoid shortages in the Russian market but also to ease […]
Tag: sunflower oil
Germany: A beer bar suggested its customers pay for their beer with… sunflower oil
A Munich beer hall has come up with an innovative way to deal with cooking oil shortages in Europe: it allows its customers to pay for their beer with… sunflower oil to ensure it has enough stock to fry schnitzels. With Ukraine and Russia together accounting for 80% of the world’s sunflower oil exports, many […]
The mess with cooking oil is exacerbating an emerging global hunger crisis
The global supply of cooking oil – which has already been curtailed by the war – is declining, according to Bloomberg. Two months after Russia’s invasion of Ukraine disrupted world trade in agricultural products, Indonesia is set to ban exports of cooking oil due to local shortages and price spikes, adding to a number of […]
The rally in sunflower oil, the alternative kernel oil, the risk of food crisis
Of George Lampiris From alternative markets – vis-.-Vis Ukraine and Russia – such as Romania, Turkey but also through Bulgaria in Thessaloniki, quantities of sunflower oil reach Greece due to the difficulties caused in the global supply chain by the war in Ukraine. At the same time in the last week there is a decline […]