Sunflower oil vanishes as Ukraine War Grinds On. [View all]

[Tomconroy]

Today's NYTimes:

First the coronavirus, then the war. Just as the pandemic caused shortages of essential items, Russia’s invasion of Ukraine has disrupted important food supplies, driving up prices of staples like cooking oil in supermarkets around the world.

Before the war, Ukraine was the world’s largest exporter of sunflower oil. The conflict has now paralyzed harvests and left many nations with limited stocks of edible oil and soaring prices for what’s left — worsening a food crisis in East Africa and leading to export restrictions in Indonesia. Some shoppers, most recently in Britain, are being limited in their purchases of cooking oils, as supermarkets and restaurants adjust to the climbing costs.

“Supply chains, already disrupted by Covid-19, have been further complicated by the war in Ukraine, which is causing shortages in some ingredients like sunflower oil and raising the price of substitute ingredients,” said Kate Halliwell, the chief scientific officer of the Food and Drink Federation, which represents Britain’s largest manufacturing sector.

“Manufacturers are doing all they can to keep costs down, but inevitably some will have to be passed to consumers,” she said.

Sunflower Oil ‘Vanishes’ as Ukraine War Grinds On https://nyti.ms/3Kq06ep