Drought, speculation… Why the price of olive oil continues to soar

by time news

2023-09-21 13:11:32

His nickname “liquid gold” currently fits him like a glove. In one year, the price of olive oil increased by 130% year-on-year on world markets, reaching $8,900 per ton (around 8,350 euros), according to the American media CNBC. On French shelves, the increase is certainly less significant, but it remains significant, according to calculations by mass distribution specialist Olivier Dauvers. “On the Puget brand, the price increased by 48% between August 2021 and July 2023,” he assures Le Parisien.

#Drought #speculation #price #olive #oil #continues #soar

You may also like

Leave a Comment