Before and after a dip: An expensive pastime to replace cooking oil in Hungary

Published 2022년 5월 29일

Tridge summary

The Russo-Ukrainian war has led to a significant decrease in Ukrainian exports of sunflower and sunflower oil, causing a deficit in Europe and uncertainty about the availability and pricing of sunflower cooking oil, a staple in Hungarian cuisine. As the food price stop in Hungary is set to expire on July 1, the price of sunflower oil is expected to rise significantly. The war has also impacted the grain, sunflower, and cooking oil markets, with Hungary considering alternative ingredients. The use of palm oil, the world's largest exporter of which has banned exports, is among the alternatives, though lard is also under consideration. However, lard is less preferred by Hungarians compared to sunflower oil, and its price has increased significantly in the past year.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Although sunflower cooking oil is one of the basic units of Hungarian cuisine and the global food industry, there is now a considerable degree of uncertainty surrounding it. As a result of the Russo-Ukrainian war, Ukrainian exports of sunflower and sunflower oil have fallen to such an extent that the deficit in Europe has already become a real threat. And the big food companies are looking for a substitute for this product. Regardless of all this, it is one of the products in Hungary that will be affected by the food price stop that expires on July 1. There are, of course, many alternatives to sunflower cooking oil, but it does not matter to the general public or to the food industry and the HoReCa sector how much they are available for. The issue was surrounded by the Agricultural Sector. Sunflower cooking oil is one of the basic ingredients of Hungarian cuisine and has long been considered an unavoidable point. One way or another, if not most of our recipes. For this reason, it ...

Source: Magro