Cheap Fats and Seasonings

Beth here. I am shocked by the difference supply and demand makes in prices. I just purchased the following:

Sesame oil
Coconut Cream (Cream of Coconut?)
Coconut oil
Almond oil

Cinnamon Sticks
Dry Ginger (didn’t even know this existed!)
Dry Mint
Whole nutmeg
Cardamom pods
Fresh parsley

Along with other (less interesting) groceries like milk, carrots, etc, the grand total came to about $32. Granted, my containers of the fats are relatively small because I’ve never used some of them before and don’t want them to expire before I get a chance to, but still! My recollection of almond oil in New York was that it was over $10 for a little bitty bottle! I’d never even seen ghee before moving to Abu Dhabi, although I knew it existed (and how to make it!) from reading my favorite cooking blogs.

Now, these low prices are not solely due to supply and demand, it also has to do with the lower cost of living in general here in Abu Dhabi than in NYC. But, can’t you trace the lower cost of living back to supply and demand…of workers, affordable housing, etc? I guess I’m inspired to think along these lines because I went to the grand opening of the Social Sciences division of NYUAD last week or so, and the economist who gave the lecture told a joke about a parrot who could say “supply and demand, supply and demand,” and was thus a very good economist. So, I guess that makes me a very good economist too because supply and demand is about the extent of my recollection of freshman year Econ 101. The lecture was fascinating – he’s studied the impact of personal relationships in international trade, within a city, and even within a company. Can’t wait for the next one!

In the meantime, I’m going to try to figure out what to do with these new and interesting ingredients I just purchased! 🙂

2 Responses to “Cheap Fats and Seasonings”

  1. Kate says:

    Cinnamon Sticks – now if you can find Apple Cider and cloves your hubby will be able to enjoy mulled cider, if the temperature drops in your area.

  2. Erin says:

    I’m excited to hear what you do with the ingredients as well! Also, what is the value of Abu Dhabi currency vs. U.S.? I thought life was actually quite expensive there (going off my extensive knowledge from House Hunters International here!), so are most household items relatively cheap while real estate i still pricey? Spill! Would love to chat with you soon, btw. And thanks for the note about the salmon- a very good recipe, indeed.