Households are hoarding long-life products such as canned meat and vegetables, as well as baby food
A store worker refills the shelves at a Spar outlet. Rhodes Food Group says its SA facilities have not been affected by the coronavirus, and most have the capacity to increase production at short notice. Picture: DAILY DISPATCH/ICHAEL PINYANA, which makes Bull Brand corned meat and Bisto gravies, said it has seen a spike in canned goods demand in SA in March due to the coronavirus outbreak.
Rhodes Food Group said its SA facilities have not been affected by the virus, and most have the capacity to increase production at short notice. While some of the excess volume of canned fruit earmarked for China was exported to other Asian markets, a significant volume will be placed in alternative markets at lower margins than those typically achieved in China, the group said in a trading update for the five months to end-February. The effect on margins should be partially offset by a weaker currency.
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