Instant noodle prices will rise, Russia & Ukraine are the culprits (CNBC Indonesia)
CNBC Indonesia published an article stating that the war between Russia and Ukraine adds to the burden on prices and supply chains of commodities, including world food. Which has happened due to the Covid-19 pandemic. IFPRI stated that since the Russian invasion of Ukraine on February 24, 2022, a number of countries have imposed additional export restrictions. From 3 to 16 countries as of early April 2022 (see IFPRI’s Food and Fertilizer Export Restrictions Tracker).