MARGARINE

Dominion, Volume 15, Issue 55, 28 November 1921, Page 9

MARGARINE

"This trade must always be regarded as ’very largely complementary to the butter trade (states Messrs. Weddel and Co. in referring to margarine in their annual review). During the war it took the place of butter almost entirely, and since margarine was decontrolled the total consumption of the two articles combined 1 has remained more or less stationary. Tho more butter available for sale in this country tho less margarine will there be required—perhaps not in exactly tho same ratio, but to a very large extent, e.g., while estimates of butter available for consumption last year reveal an increase of about 60,000 tons, the quantity of margarine consumed may be estimated ns having fallen off from 10,000 to 50,000 tons. During the past year prices have been continually falling owing to the enormous slump in prices of raw materials. Tho position has recently hardened, but margarine is still selling at Bd. to Is. 6d. per lb. retail, which is not so very much in advance of pre-war figures.”