Hong Kong authorities have warned the public against buying mooncakes with high levels of sugar, fat and sodium ahead of the Mid-Autumn festival later this month.
Savola Group’s Iranian subsidiary is under fire in Iran for allegedly dumping vegetable oil in the market, a month after MPs attacked the Saudi firm’s investments in the country.
By Dave McLaughlin, vice-president of agriculture, WWF US
Currently, RSPO certified palm oil represents 15% of global production, and many of the global brands have made commitments to source 100% certified palm oil by 2015.
US agriculture giant Cargill aims to invest Rs50 crore (over US$91m) towards food processing across its Indian operation over the next two years. This figure also includes a US$73m corn milling unit, the head of its India operation has revealed.
A combination of factors is expected to drive demand growth in the vegetable oils market over the next few years, with demand from the food sector being led by a number of emerging economies, most prominently in the Asia-Pacific region.
A vast, gang-led network of illegal cooking oil producers has been cracked by Chinese authorities following a five month investigation, with more than 3,200 tonnes of rotten-animal waste oil seized.
China’s latest food safety clampdown has seen the arrest of 32 people involved in an illegal ring that made and sold tonnes of discarded cooking oil recovered from drains and gutters.
Booming sales of omega-3 fortified cooking oil in China may show how countries with nutritional deficiencies can boost the nutritional intakes of a population, said a leading omega-3 figure.
