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Tranquility in the Spanish oil market; there will be no shortage of sunflower oil

Refined Sunflower Oil
Spain
Published May 17, 2022

Tridge summary

The sunflower oil market has suffered "some occasional distortion" as a result of the war in Ukraine, but the current situation is one of "absolute calm" and there is no risk of shortages, different actors in the olive sector assure Efeagro.

Original content

The outbreak of the conflict The war stopped activity in the Ukrainian refineries, from where Spain receives some 500,000 tons of sunflower oil (62% of the total) and the alarm soon spread: the bottles disappeared from supermarkets and voices from the industry said that the shortage was " imminent". However, the figures of the Spanish oil producers grouped in the Anierac association indicate that, far from running out of stock, last March they bottled 25.34 million litres, which is 9.09% more than in February, which that was when the war started. "Absolute tranquility for the market. There has been some punctual distortion but it is perfectly supplied," the general director of the National Association of Industrial Packers and Refiners of Edible Oils (Anierac), Primitivo Fernández, tells Efeagro. sunflower oil). We rushed, we talked with concern about what could happen and that caused consumers to buy like crazy," Fernández abounds. Although the performance of the market in March ...
Source: Agrodiario
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