Mr. Steve Bank reports
SUNORA FOODS RECEIVES INCREASED ORDERS FOR CHINA AND BULK OIL
Sunora Foods Inc. had increased orders of packaged and bulk canola oils to new customers in July. These deliveries further the corporation's business strategy of increasing the global footprint for Sunora food oil products.
China
Sunora has recently received additional orders for canola oil into China. The focus of these orders is packaged canola oil, which has seen increased demand from this country in recent periods. According to the Canola Council of Canada, Canadian canola exports rose by 62 per cent to China, which is the largest buyer, followed by Japan and Mexico. Sunora continues to field additional inquiries from Chinese importers and expects to meet increased demand from existing supply contacts.
North America
Sunora continues to deliver both packaged and bulk canola oil to the United States. Recent requests have resulted in increased purchase orders from United States-based customers, particularly for bulk oil. In 2013, canola oil exports to the United States doubled, according to the Canola Council of Canada.
Canola oil continues to gain market share due to its low levels of saturated fats and richness in vitamin E. Canola oil is a highly desirable oil for frying foods, as it has a neutral taste and high burn point.
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