Salad oil price increase Taiwan Sugar Company: reflect cost
Salad oil price increase Taiwan Sugar Company: reflect cost
Taiwan Sugar confirmed yesterday that it has adjusted its salad oil products, mainly to reflect international soybean prices. According to reports, Taiwan Sugar 18 liters of soybean salad oil rose, hitting the snack bar.
Taiwan Sugar held a press conference yesterday to explain the reasons for the increase in 18 litres of soybean salad oil. Taiwan Sugar pointed out that international soybeans have risen nearly 10% in the past three months, and Taiwan Sugar has also raised the price of 18 litres of soybean salad oil, rising 10 yuan to 680 yuan from NT $670 on March 8.
Taiwan Sugar said that the price of 18 litres of soybean salad oil from other manufacturers has already exceeded 700 yuan, while Taiwan Sugar has only slightly increased, while the prices of other small packaging salad oil remain unchanged.
Taiwan Sugar said that salad oil is not a very profitable product. Taiwan Sugar reflects that international soybean prices have risen, and in the future, international soybean prices will fall, and Taiwan Sugar will also lower the price of salad oil.
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