Sunflower Oil
| Use attributes for filter ! | |
| Approximate smoke point | 232 °C |
|---|---|
| Date of Reg. | |
| Date of Upd. | |
| ID | 1170407 |
About Sunflower Oil
Sunflower oil is the non-volatile oil pressed from the seeds of sunflower. Sunflower oil is commonly used in food as a frying oil, and in cosmetic formulations as an emollient. The world's total production of sunflower oil in 2014 was nearly 16 million tonnes, with Ukraine and Russia as the largest producers.
UK inflation: Slowing food prices drive surprise fall
... The war disrupted supplies from the two countries, which are major exporters of goods such as Sunflower Oil, wheat, and fertiliser...
First grain ships arrive in Ukraine using new route
... Ukraine is one of world s biggest suppliers of crops such as Sunflower Oil, barley, maize and wheat...
Price of milk and sunflower oil starting to fall
... The average cost of a litre of Sunflower Oil, meanwhile, is now £2...
Why food bills aren't shrinking - five things to know
... Costs have been eye-watering - but some are easingRussia s invasion of Ukraine prompted soaring grain, Sunflower Oil and fertiliser prices...
Vegan 'cheese' market booms as demand grows
... There s been rising energy costs, the cost of ingredients such as Sunflower Oil from Ukraine is super expensive, and people are spending less...
Cost of a cup of tea rising as food prices jump
... The conflict has disrupted supplies from both Russia and Ukraine, which are major exporters of goods such as Sunflower Oil, wheat, and fertiliser...
Grocery bills set to soar by £643 this year
... The war has disrupted supplies from the two countries, which are major exporters of goods such as Sunflower Oil, wheat and fertiliser...
Cost of living: Margarine prices rise, but blueberries get cheaper
... The war has disrupted supplies from the two countries, which are major exporters of goods such as Sunflower Oil, wheat, and fertiliser...
Cost of living: Margarine prices rise, but blueberries get cheaper
Food prices rose at their fastest rate on record in September, with products like margarine Getting More expensive, The British Retail Consortium says.
Food price inflation jumped from 9. 3% last month to 10. 6% this month, according to the BRC-NielsenIQ price index.
The War in Ukraine has pushed up food prices around The World .
However, long spells of sunshine helped bring down The Price of fruit such as strawberries and blueberries.
The cost of living is increasing at, driven largely by The Rising cost of food and energy.
Overall UK inflation, which measures the rate at which prices rise, was 9. 9% in August, according to The Office for National Statistics.
Russia's invasion of Ukraine has been one of the factors pushing up prices at supermarket tills.
The War has disrupted supplies from the Two Countries , which are major exporters of goods such as Sunflower Oil , wheat, and fertiliser.
Globally, food price rises have eased in recent months, But any benefits are unlikely to feed through to supermarket bills for several months.
According to the BRC-NielsenIQ price index, UK food inflation accelerated strongly to 10. 6% in September. This marks the highest rate of food inflation on record.
The inflation rate for fresh food also hit a record high, at 12. 1% in September, up from 10. 5% in August, according to the industry group.
However, while products such as margarine have been rising sharply in price, other food items fell in price over the month.
While the summer drought diminished some harvests, other produce benefited from the prolonged sunshine, helping to bring down prices for fruit such as strawberries, blueberries and tomatoes.
Overall shop price inflation rose to 5. 7% in September, up from 5. 1% in August. That marks a new record since the BRC-NielsenIQ index began in 2005.
Non-food inflation also rose, driven by gardening, DIY and hardware products which were hit hard by an increase in transport costs.
Weak poundHelen Dickinson, Chief Executive of the BRC, said the plunge in the value of the pound was adding to pressures on retailers.
The pound touched, after a pledge of further tax cuts by Chancellor Kwasi Kwarteng and worries about higher interest rates knocked investors' confidence.
" Retailers are battling huge cost pressures from the weak pound, rising energy bills and global commodity prices, high transport costs, a tight labour market and the cumulative burden of government-imposed costs, " said Ms Dickinson.
" And, with business rates set to jump by 10% next April, squeezed retailers face an additional £800m in unaffordable tax rises. Government must urgently freeze The Business rates multiplier to give retailers more scope to do more to help households. "
Mike Watkins , head of retailer and business insight at NielsenIQ, said: " With food and household energy prices continuing to rise, it's no surprise that NielsenIQ data shows that 76% of consumers are saying they expect to be moderately or severely affected by the cost-of-living crisis over The Next three months, up from 57% in the summer.
" So households will be looking for savings to help manage their Personal Finances this autumn and we expect shoppers to become more cautious about discretionary spend, adding to pressure in the retail sector. "
Source of news: bbc.com