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France Gives Leeway on Food Labels as Firms Switch From Sunflower Oil | Investing News

3 weeks ago Joyce J. Kent

PARIS (Reuters) – France will give food firms up to 6 months to alter product or service labels to mirror recipe improvements if they switch sunflower oil, supplies of which have been strained by the war in top rated exporter Ukraine, the economic climate ministry mentioned on Tuesday.

Ukraine generally accounts for about half of world exports of sunflower oil, just one of the world’s most eaten edible oils, and Russia’s two-month-aged invasion of its neighbour has stalled Ukrainian shipments.

As the food items field moves to swap sunflower with alternate options like rapeseed, soybean or palm oil, companies can ask for a short-term waiver on French labelling guidelines, the ministry’s customer protection and anti-fraud authority stated.

Meals makers would even so have to deliver a essential indication of an component alter on packaging inside two months, prior to delivering a thoroughly up-to-date component list inside six months, the DGCCRF body mentioned.

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  • Supermarkets are limiting the amount of cooking oil people can buy as the Ukraine war leads to shortages and surging prices

Recipe modifications that imply an allergy risk, or that compromise a product claim this kind of as becoming organic and natural or free of charge from palm oil, would not advantage from the labelling grace period, it added.

Sunflower oil is greatly used in preparing potato fries and crisps, as nicely as in other foodstuff products like margarine and biscuits.

It is also marketed in bottles as cooking oil and a rush by households to protected supply has led to empty shop shelves in France and other European international locations, with some grocery store chains restricting buys per shopper.

All-time peaks for vegetable oil selling prices this year have contributed to world wide food stuff selling prices as measures by the U.N. achieving their greatest on history.

Vegetable oil supplies could come less than additional pressure as leading palm oil producer Indonesia prepares to ban exports of a kind of palm oil in a bid to rein in domestic selling prices.

(Reporting by Gus Trompiz editing by David Evans)

Copyright 2022 Thomson Reuters.

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