Some of Ireland’s favourite snacks like Oreos, Doritos, Nutella, and even Coca-cola products could soon see a major increase in price after Indonesia expanded its export ban on palm oil.
The ingredient is vital in the production of a vast array of the world’s packaged goods and is currently the most widely consumed vegetable oil on earth.
While there are many ethical issues associated with the extraction process of palm oil and its effects on the world’s rainforests, it is virtually impossible to avoid unless you stop buying all processed foods, as well as everything from lipstick and shampoo to sliced bread, cookies, chocolate, pizza dough, instant noodles, and even ice cream.