Spain: More tension looms in the olive oil market

게시됨 2023년 1월 5일

Tridge 요약

The olive oil market is currently experiencing a tranquil state with a low supply and demand, leading to speculation about the purchase of lampante olive oil. Despite anticipation for AICA data to confirm olive oil production figures, operators expect a decrease in consumption and a low final harvest, predicting tensions in the market. Additionally, prices in the Mediterranean basin are increasing, with a focus on extra virgin olive oil. The new year starts with expectations of further price increases due to the short supply and scarcity of good extra virgins.

면책 조항: 위의 요약은 정보 제공 목적으로 Tridge 자체 학습 AI 모델에 의해 생성되었습니다.

원본 콘텐츠

Olimerca.- The olive oil market at source, during the first week of January, and still dominated by the New Year and Epiphany festivities, has behaved in a climate of great tranquility with a minimum supply, especially for part of the cooperative sector, and a low demand where speculation begins to move that it welcomes buying lampante olive oil between €4,900 and €4,950/ton. And while the entire sector is very aware of the AICA data, corresponding to the month of December, to get closer to the final figure for olive oil production, the different operators are clear: consumption will drop but the final harvest will be very low and there will be many tensions in the coming months, especially when Greece and Turkey have sold a large part of their production and markets like Italy have to come to Spain to buy, we are talking about March 2023 On the other hand, the situation of the reservoirs, having improved, is currently even worse than a year ago, despite the rainsPrices in the ...

출처: OliMerca