Markets Economy | Prices

Trench: Greek Price at 2,85 €

Vassilis Zampounis
Trench warfare in the Greek market at a price of 2.85 €/kg (CIF Italy) in the first days of the year. It refers to the extra virgin oil category of average quality of approximately 0.5° acidity.

Greek producers, oil mill owners and marketers refuse selling lower, however Italian buyers decline this price and turn their interest in the Spanish market.

Therefore, the market is idle and the future will show what will happen.

Idleness prevails at the Laconian olive oils as well, which claim prices at 3.60 - 3.90 €/kg.
 

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