Friday 22 September, 2023

Bears and Bulls

Sitting bears (=idleness, lack of demand, low prices) prevail in the Greek olive oil market rather than aggressive tigers (=high demand in high prices), as trading terminology would put it. This phenomenon is not only Greek but also general (with the exception of Italy).

Trench Greek Price at 2,85

Trench warfare in the Greek market at a price of 2.85 €/kg (CIF Italy) in the first days of the year.

Revision of olive oil balance

Four months after the initial estimations of olivenews.gr (First estimations for the 2018/19 production) we revisit this issue with the new scenery of the biggest countries in the Mediterranean, which cover around 85% of global production.

Prices are giving a battle against time

The delayed Spanish production, for approximately one-month, will be giving Greek producers some breathing space.

Pierluigi Tosato We want to change the olive oil Industry

The CEO of DEOLEO, Pierluigi Tosato, gives a comprehensive exclusive interview to olivenews.gr and Olive and Olive Oil magazine: "We want to change the olive oil Industry". 

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