Sunflower and rapeseed oil is currently often sold out.
According to a report by “Focus Online”, the oil that is still available at Aldi is currently 550 percent more expensive than in January.
The 1-liter bottle of Ondosol now costs EUR 4.99 there. And thus almost reaches olive oil prices.
Sunflower and rapeseed oil are currently in short supply in German supermarkets. Because deliveries have been massively restricted for weeks due to the Ukraine war, the prices for the – meanwhile – rare food are also rising. In some cases, some discounters are already increasing the prices for their own brand oils by 550 percent, as “Focus Online” reports. According to the report, Aldi will in future be offering Ondosol brand sunflower oil for EUR 4.99 a bottle – a difference of EUR 3.20 compared to the sold-out Bellasan brand. According to “Focus Online”, the oil that is still available is currently 550 percent more expensive than in January.
Because sunflower and rapeseed oil are currently sold out or nearly sold out in many stores, many grocers are limiting the number of bottles a single person can purchase. Many customers had apparently started hamstering in the past few weeks for fear of low availability.
Prices will likely continue to rise
According to “Focus Online”, industry experts expect prices to continue to rise, so that sunflower oil might soon cost as much as the much more expensive olive oil. The average price per liter is currently 6.50 euros.
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However, Aldi is not alone in raising prices. Rewe is also increasing prices. There, the Thomy brand sunflower oil costs 5.05 euros per liter. It can be assumed that other grocers have also raised their prices, just not as openly communicating this. As Business Insider in a big discounter check reported, many products have become more expensive in recent months, and not only since the beginning of the war. Prices for oat flakes, for example, have risen: in mid-January, a 500-gram pack still cost 49 cents, but it now costs ten cents more at several discounters, which corresponds to a surcharge of 20 percent.