
Iceland has reverted to using palm oil in its own-label food as the price of sunflower oil has rocketed by 1,000 per cent since the start of the war in Ukraine.
The supermarket committed to eliminating palm oil from its products in 2018, using sunflower oil in its place. But disruption in the supply chain due to Russia’s invasion of Ukraine has made sunflower oil “totally unobtainable”, Iceland’s managing director Richard Walker wrote in a blog.