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Ukraine conflict hurting palm oil supplies

The Star Business LogoThe Star Business6d ago

Ukraine conflict hurting palm oil supplies

Quick Summary

LONDON: Sustainable palm oil is becoming harder to find as food manufacturers use it to replace sunflower oil sourced from Ukraine and to meet environmental goals, Ahold Delhaize's AD.AS CEO told Reuters.

Several companies, from Pepsico PEP.N to Unilever ULVR.L and P&G PG.

"As the sunflower oil from Ukraine or Russia fell away, those countries have 60% lower production there.


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Article Details

Author / Journalist: The Star Online

Category: Business

Topics: /Business/Business News Palm oil Indonesia Ukraine Malaysia Sunflower Plantations Commodities Russia

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-23, 00:32:00

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Reading Time: 2 minutes read

Article Length: 324 words

Coverage Area: Malaysia

Availability: Desktop Web, Mobile Web

News ID: 3913

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About The Star Business

The Star Business Logo

Main Topics: Business

Official Website: thestar.com.my

Update Frequency: 13 posts per day

Year Established: 1971

Headquarters: Malaysia

Last Updated: 1h ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Languages Covered: English

RSS Feed: Available (XML)

Website Security: Secure (HTTPS)

Publisher ID: #22

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