The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site.

All material subject to strictly enforced copyright laws. © 2020 Euromoney, a part of the Euromoney Institutional Investor PLC.
Treasury

Supply shift from food services to supermarkets brings new risks for transaction banks

Plugging gaps in fractured supply chains is central to maintaining trade and food security.

shopping-cart-780

In the UK, supermarkets have started to remove purchase limits on essential items as food hoarding behaviour abates.

Yes, online delivery slots remain elusive, but perhaps the fact that shelves are stacked with toilet roll and tinned tomatoes once again is a sign that panic buying in the UK due to the coronavirus pandemic is starting to slow.

The recent unprecedented demand for food supplies from supermarkets, however, is not sufficient to cover the slump in demand from restaurants, cafes, hotels and bars that have been forced to shut due to Covid-19. 

Travel restrictions, which limit the movement of goods and services, also mean that fresh produce cannot always get to its intended destination.

Farmers across the globe complain that fruit and vegetables are being left to rot and milk is being thrown away because of distribution challenges.


Take out a complimentary trial

Take out a 7 day trial to gain unlimited access to Euromoney.com and Asiamoney.com analysis and receive expertly-curated updates direct to your inbox.

 

Already a user?

Login now

 

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree