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Evening Standard
Evening Standard
Business
Mark Banham

Sunflower oil sales leap 27% as war in Ukraine prompts stockpiling

Ukraine accounts for 46% of the $7.42 billion (£5.83 billion) global sunflower oil market

(Picture: AP)

Sales of sunflower oil have leapt 27% since the beginning of the month due to shortages of the cooking oil caused by the war in Ukraine, the world’s largest producer.

Scarcity has pushed shoppers to stockpile Britain’s favourite frying oil as customers “fill up their cupboards”, according to market research giant Kantar. It reported “increased demand’ and rising prices.

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