Huge discrepancies in olive oil prices in Europe

The olive oil market is experiencing a unique situation in the early months of the trading season with a 'double score' pricing in Spain and Italy, indicating a rare alignment in market trends. This means that both countries are seeing similar trends in pricing, highlighting a parallel but separate market dynamics in these two major olive oil producing regions. This situation is creating a distinct market environment for olive oil buyers and sellers, adding a layer of complexity to the global olive oil market.