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Following the robust sales figures coming from Spain in June, with approximately 100,000 Tons of olive oil sold, the market remains sustained. The consistent high demand for olive oil, despite high retail prices, and the increasingly scarce stocks in major producing countries like Spain and Italy, continue to create tensions.
According to Poolred, average trade prices of Spanish EVOO have increased to around 8 Eu/ Kg, a slight rise of approximately 2% compared to May 2024. However, ISMEA reports stable prices for Greece, Tunisia, and Italy.
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Wes Trade Ltd
