News
Oil turmoil: Snack and bakery producers are scrabbling to survive the increasingly slippery slope of skyrocketing costs
30th Aug '22
War, drought, swine fever and virus-related labour shortages – notwithstanding the increasing demand from the biofuel industry – have placed immense pressure on the edible oils industry, resulting in a much decreased supply and soaring prices around the globe. This is bad news for the snack and bakery industries, which rely heavily on sunflower oil in particular, forcing many to rethink their recipes.
