Olive oil stocks run out in Italy

Olimerca.- To the same extent as in Spain and other producing countries, Italy is also suffering the consequences of the short campaigns in olive oil production. With only four months until we can see new EVOO in the marketing circuits, the Italian olive sector faces the critical moment of the link between campaigns trying not to run out of zero stocks. According to the latest report prepared by the Italian Ministry of Agriculture, the total stocks of oils (extra virgin, virgin, olive, lampante, refined and DOP oil) as of June 30 amounted to 179,416 tons, 11.7% less than those They were stored at the beginning of the month and 23% less if we make the comparison with June 30, 2023. If we carry out the analysis in the category of extra virgin oil, which is the most sought after by operators in the neighboring country to cover their needs for export, we find stocks of only 130,000 Tn compared to 147,000 Tn. Tm that there was a month ago. Remember that Italy consumes about 50,000 ...