One of the oils has been banned in Ukraine: how it will affect the price of products.
Ban on the use of palm oil in food products: an important step for the health of the population
Volodymyr Zelensky signed a law that prohibits the use of palm oil in products for children, dairy, and confectionery products. This decision was made in order to preserve the health of the population. However, such a change may lead to price increases, as manufacturers will have to replace palm oil with more beneficial ingredients. However, the law allows manufacturers one year to adapt to the new requirements.
The price of these products will rise not out of a desire to make more money, but out of the necessity to use safe raw materials. Food products will become safer, but their price will go up.
The ban on the use of palm oil applies to dairy products, confectionery products, and products for children. Some experts warn that prices for products without palm oil will also increase. However, this is not because manufacturers want to make more profit, but because it is necessary to use safe raw materials.
The ban on the use of palm oil is an important measure to protect the health of consumers. This oil creates harmful trans fats that can cause serious illnesses. Its popularity among manufacturers is due to its low price and long shelf life. The ban will help stimulate the production of healthier products. It is also worth noting that there has recently been a sharp increase in carrot prices in Ukraine.
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