Cooking oil is now becoming scarce - the first discounter regulates sales to customers
Created: 03/09/2022, 19:36
By: Ines Baur
Corona pandemic, bad harvests and supply chain issues, Ukraine conflict: There are supply gaps for sunflower and rapeseed oil.
Supermarkets are drawing the first conclusions.
Munich – “Only one pack per household.” Such and similar signs dangled from the shelves of toilet piers, pasta and tomato sauce during the Corona Pandemic.
Now they could soon be hanging on shelves of cooking oil.
Danger of bottlenecks also with sunflower oil
Poor harvests, logistics problems and the exit of two manufacturers are causing bottlenecks in cooking oil.
Sunflower and rapeseed oil in particular are lacking in the supermarkets.
Among others at Rewe and Netto.
"Since last year, there may be temporary bottlenecks in the supply chain for cooking oil," confirms Edeka when asked by
t-online.de
.
Discounter Aldi Süd has even limited sales of
Bellasan
, its own brand of rapeseed oil, to four bottles per customer.
The Ukraine crisis could further aggravate the supply situation, writes
Lebensmittelzeitung.de
.
According to the market research company Agritel, there is a risk of sunflower oil shortages.
Ukraine is the world's largest producer and exporter.
"The situation on the market for vegetable oils is very tight," reports Sébastien Poncelet from Agritel.
"There are little stocks of soybean oil from Latin America and palm oil from Indonesia and Malaysia - at the same time demand is very high."
But there is no reason for panic or panic buying.
The price of rapeseed oil has almost doubled since the beginning of the corona pandemic.
But the supply of rapeseed oil is not at risk in Germany, assured Momme Matthiesen, Managing Director of the Association of the Oilseed Processing Industry (Ovid), to the
Lebensmittelzeitung
.
Ukraine War - Tense situation in wheat, corn and oil
The Ukraine war affects supply chains.
Sooner or later, the situation for wheat and corn could tighten further.
Ukraine is the fourth largest corn exporter in the world.
But with Ukraine's ports closed, no grain can leave the country.
According to the company Ukr-Agro Consult, 500,000 tons of wheat and 1.7 million tons of corn are currently stored.
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Retailers and manufacturers are keeping a low profile
Several manufacturers have confirmed
bottlenecks to the
Lebensmittelzeitung .
Nestlé explained on request: "With Thomy we were able to offer a good supply in the first half of 2021, but we also reached our limits in the second half of the year and were not always able to serve all orders due to bottlenecks in procurement." The group points out that rapeseed oil is not only in demand in the food industry.
"In addition to various cost drivers, an increase in the use of vegetable oils for bio-diesel in the EU and the USA is also affecting all oil prices."
