Spain: Strong demand eats away at olive oil stocks, rise ahead of new harvest

Published May 28, 2024

Tridge summary

In February, rainfall in Andalucia led to a steady decrease in olive oil prices in Spain, with extra virgin olive oil dropping to less than €7 a kilo and common virgin olive oil reducing to €5.7 a kilo, indicating a mild price correction within the industry.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

It was February when the first hearty rains fell in Andalucia, prompting the trade to begin a mild but persistent wave of price correction, down to ...
Source: Agronews
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