The price of Greek olive oil in Russia will double

The failure of the olive harvest in Greece will lead to an increase in the price of olive oil from producers in Greece. Experts expect that in Russia the cost of olive oil will double because of this. Elena Kalinina, a member of the board of directors of the Greek-Russian Chamber of Commerce, shared information about rising prices for Greek olive oil. Thus, the expert’s message, which sfera.fm reviewed, indicated that old batches of goods were sold at a price of 1260-1460 rubles, and prices for new batches are already higher. Prices for new batches are “incredibly high,” the expert claims in a commentary for RIA Novosti. According to her, now one car with a pallet of oil has already entered St. Petersburg at the new price, and exporters are already afraid that Russian consumers will not buy at this price. Further oil pricing will depend on the results of the olive harvest, the expert noted. Due to bad weather in Greece, olive harvesting has hardly started yet, so experts are not ...