The EU olive oil market froze thanks to the rains, one and a half euros separates farmers and trade
Published 2024년 12월 6일
Tridge summary
The Italian market successfully raised the price of its extra virgin olives by €9, as reported by ISMEA, while non-EU markets are offering low prices, below 4 euros per kilo, for Spain's industrial-grade olives. This has disrupted the Spanish market, leading Spain to consider offering extra virgin olives at 5 euros per kilo, despite full harvest rates.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
It was a polarizing week last week for the olive sector, with the Italian market fighting back and artfully recovering €9 for its (few) extra virgins according to ISMEA, while non-EU markets once again pull the rug out from the Spanish market with offers for the industrial ace under 4 euros per kilo, bringing again in ...
Source: Agronews
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