Trade Tensions, Market Glut Press Upon Olive-Oil Prices

  • 📰 WSJ
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 63%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

What’s behind the slump in olive-oil prices? Looming U.S. tariffs on European olive oil, combined with a glut of olives after rich harvests, are pressing down on prices

A prolonged slump in olive-oil prices is whipping up discontent among farmers in southern Europe and North Africa.

After growing steadily higher for several years, wholesale prices of extra-virgin olive oil—the purest kind, typically in demand from high-end restaurants—have fallen in 2019 by a quarter in Spain and by almost a third in Italy.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in UK
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines