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EnergySpain

Spain holds back 188,000 tonnes of olive oil to support prices

Spain, the world's biggest olive oil producer, is keeping 12% of its output off the market after a bumper harvest. It aims to stop producer prices falling further.

Photo: Daniel Villafruela ., CC BY-SA 3.0, via Wikimedia Commons

Energy ·

Spain is holding back 12% of its olive oil output from November. The aim is to stop producer prices falling further after a bumper harvest.

Energy

It is the first time Spain has used this measure. About 188,000 tonnes are expected to stay off the market until the end of September 2027.

In numbers

  • 188,000 tonnesOlive oil held back
  • 12%Share of output withheld

Energy

Mills have been told to hold back the oil.

Where
Spain
Published
Section
Energy

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Photo: Daniel Villafruela ., CC BY-SA 3.0, via Wikimedia Commons

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