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oil price

Eurostat study - the price of oils and fats in the EU

• A recent market study carried out by the Eurostat agency, cited by Agerpres, signals a constant increase in the price of oils and fats in the European Union. After unprecedented developments in 2022,...

The price of oil, butter and sugar investigated by the Competition Council

• The Competition Council launched three investigations into the prices of sunflower oil, butter and sugar. It is suspected that there were possible price-fixing agreements. According to a press release, the Council...

Rapeseed oil cheaper than palm oil

• The quotation of rapeseed oil in the European Union has reached below the value of palm oil. For the first time in 25 years, rapeseed oil is sold in the European Union cheaper than...

Sunflower oil is likely to become more expensive again

• Sunflower oil is likely to suffer a further rise in price due to the extreme drought that has affected crops. The recent unfavorable weather has majorly affected sunflower production at the level of...

Cooking oil – global supply flawed

• Against the background of the continuation of the war in Ukraine, the problems in the supply of cooking oil at the world level are accentuated. Problems in global cooking oil supply continue to deepen…

Food prices - unprecedented global growth

• Food prices have seen unprecedented global growth, according to the latest FAO report. In March 2022, food prices increased by 12,6% globally. According to the latest report...

The price of sunflower oil has increased by 8,68% in the last three months

• The price of sunflower oil has increased by 8,68% in the last three months, and the price increases, according to the Competition Council, could occur as a result of the war in Ukraine or the approaching Holiday of...

The world price of basic food products is rising to the highest level in the last 7 years

• In cereals, the index increased by 7%, driven by an 11,2% monthly increase in the price of corn, which has increased by more than 40% in the last year. The global price...

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