The ‘Cooking Oil Crisis’ becomes a reality… Retailers limit purchase of 1 bottle of cooking oil per person

[아이뉴스24 김승권 기자] As Indonesia lifts a ban on palm oil exports and Ukraine, the world’s largest exporter of sunflower oil, continues a war with Russia, the edible oil crisis is becoming a reality in Korea.

As the price of cooking oil continues to rise, some retail outlets have taken urgent measures, such as limiting the number of purchases of cooking oil to one or two per person.

According to ‘True Price’, a price information portal of the Korea Consumer Agency on the 14th, as of the 12th, consumer prices for cooking oil in Korea are also continuously rising. Ottogi soybean oil (900ml) rose 33.8% to 4,916 won compared to the same period last year (3,674 won), and Haepyo cooking oil (900ml) also rose slightly from 4,71 won to 4,477 won.

Costco limits the number of purchases of some cooking oil to ‘one per person per day’ at all branches. E-Mart Traders, a domestic warehouse-type discount mart, also placed a notice on the edible oil stands of 20 stores across the country stating that ‘per person can purchase 2 pieces’ and restricted purchases.

The items that are restricted for purchase are: Haepyo edibles with 2 pcs of 1.9L, canola oil with 4 pcs of 900mL, grapeseed oil with 4 pcs of 900ml, Ottogi soybean oil 1.8L, and Beksul soybean oil 1.8L.

Even in the online community of self-employed people, complaints that the price of cooking oil has risen significantly and the burden has increased is rapidly increasing. They are complaining of difficulties, saying, ‘I was notified of a 5,000 won increase from an edible oil customer, but it is very burdensome’ ‘I think I am doing volunteer work because the price including cooking oil is too high’ .

Among the self-employed, there was also talk of a ‘price increase’ due to an increase in the price of materials such as cooking oil. He said that only the self-employed and ordinary people are suffering from the increase in ‘table prices’ such as the cooking oil crisis.

A self-employed person who runs a snack restaurant said, “After the war in Ukraine started, the cost of ingredients has risen, and the price of cooking oil, which was 22,000 won last year, was 55,000 won.” worry,” he said.

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