World: Taboos are broken in the vegetable oil market
Published Jun 24, 2022
Tridge summary
Soybean and rapeseed oils gain ground over sunflower in the food industry
Original content
Olimerca.- The vegetable oil market has experienced a certain revolution in recent months that has caused some changes in the perception and use of oils such as soybean and rapeseed in the food industry sector. The shortage of sunflower (pipe, flour and oil) caused by Russia's invasion of Ukraine has forced many oil companies to source from countries such as Greece, Tunisia, France or even Mozambique, at any price, which has forced that canning industries have had to resort to other vegetable oils that in the past did not have a good image on the part of the consumer, as is the case of rapeseed. Thus, in the last Board of Directors of Afoex, which represents the majority of the vegetable oil sector in Spain, the balance of the market in the first half of the year shows that, despite the exceptional situation, the industries have been able to adapt to circumstances and has ensured that soybeans and rapeseed have been able to grow more prominently, compared to sunflower oil. Certain ...
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