In South Africa, they reported an increase in prices in public catering due to a shortage of sunflower oil from Russia

Published 2022년 3월 16일

Tridge summary

South Africa is experiencing price increases in restaurants and fast food outlets due to a sunflower oil shortage. The shortage, largely attributed to the ongoing conflict in Ukraine and recent crop failures, is worsened by South Africa's heavy reliance on imports from Russia and the EU. The situation has led to panic buying of staple food items in several cities. Potato growers have warned of potential price hikes for chip suppliers due to the widespread use of sunflower oil in the fast food industry.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

March 15th. /TASS/. Restaurants and fast food eateries are raising prices for their products in South Africa due to the shortage of sunflower oil, which is mainly imported from Russia, that has begun to be felt. This was reported on Tuesday by local radio station SABC, citing Potatoes SA, an association of potato growers in South Africa. "Consumers will be in a quandary as chip suppliers adjust their current prices as one of their main staples, vegetable oil, rises in price," the association said in a statement. This type of oil is widely used in fast food establishments, including for making chips and other types of potatoes. South Africa imports sunflower oil both directly from Russia and through EU companies, which is the largest importer of this oil from the Russian Federation and Ukraine. The situation is aggravated by the fact that in the last two years there have been crop failures in other types of edible vegetable oils in the world. The situation in Ukraine has already ...
Source: Oilworld

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