The Food Oils Trends 2023
In 2023, the European market for bulk cooking oil is experiencing a dynamic/volatile/fluctuating landscape. The prices / costs of key oils like sunflower, rapeseed, and palm are influenced by / affected by / driven by a multitude of factors, including weather patterns, geopolitical events, and global / international / worldwide demand.
- Currently, / As of now, / At present, the average price for sunflower oil is around € 900 per metric tonne.
- Rapeseed oil prices have seen / are showing / are experiencing a steady increase/ noticeable surge/ significant upward trend.
- Suppliers / Distributors / Retailers continue to negotiate / adjust / modify prices based on availability / supply chain conditions / market fluctuations.
Prospective buyers/Consumers / Industry professionals are advised to / recommended to / encouraged to monitor price trends closely and explore / consider / evaluate alternative oils / different sourcing options to mitigate / minimize / reduce potential risks.
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