Antigua and Barbuda: Firmness in prices at the origin of olive oil

Published 2021년 9월 12일

Tridge summary

Olive oil prices in the national market have remained stable this week, with extra virgin olive oil, virgin olive oil, and lampante olive oil priced at 3,500 euros per ton, 3,150 euros per ton, and 3,000 euros per ton respectively. Due to a lack of rainfall and a harsh water stress situation, the Poolred system of the Fundación del Olivar has noted an increase in the prices of virgin and extra virgin oils, and a decrease in lampante prices. The average price for extra virgin olive oil has increased to 3,320 euros per ton, virgin olive oil to 3,093 euros per ton, and lampante olive oil to 2,933 euros per ton.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The prices in origin of olive oil remained firm during this week in the national market. According to sources in Oleoestepa, last month's departures were low. However, there is a shortage of rainfall and the forecast does not indicate that this situation will change in the short term, which is causing the countryside to suffer more and more from water stress. Consequently, prices have repeated: operations in extra virgin were closed from 3,500 euros per ton; in virgin from 3,150 euros per ton; and in lampante to 3,000 euros. For its part, the Poolred system of the Fundación del Olivar, collects increases in the prices of virgin and extra virgin oils and decreases in lampantes. In extra, an average ...

Source: Agropopular