New price for EVOO, extra virgin olive oil and lampante oil: November 18 | New price for extra virgin olive oil from Monday, November 18th.
Monday, November 18, 2024, 17:03
There seems to be more good news for Spanish consumers as Christmas approaches. Moreover, given the trend of new extra virgin olive oil prices, which continue to fall freely at the point of origin. A good example of this is that the end buyer, the one who enjoys this precious flow of liquid gold at home, can save a few cents in his pocket at the end of the month due to the reduction in cost, and not just that mentioned. higher. EVOOas well as from others such as extra virgin olive oil and lampante oil.
This is confirmed by data from five large companies that periodically publish prices for oil and its various subtypes. They are all responsible for putting the immediate consumer in context and showing an optimistic outlook for the coming months after the negative losses of October last year with the introduction of the new VAT. In fact, some organisms exhibit price per kilo this Monday, November 18th.extra virgin olive oil, bordering on falling below the 5 euro barrier, at the most important link in the chain connecting the farmer with the final consumer.
It must be taken into account that the field is only the starting point for oil prices in all its subtypes. The work of the farmer and the price at which the product starts the chain are crucial, so that ultimately it is the large supermarkets that offer the price on their shelves at the end of the chain.
It should be remembered that different establishments, as usual, add offers that leave sale prices lower than those recorded in previous weeks. Despite everything, the precious liquid gold still needs a little more to reach the figures predicted by professionals, who risk falling to a value of “between 4 and 5 euros per liter” at the end of this year, 2024.
Thus, PulredOrigin’s Olive Oil Price Information System is an industry benchmark for its data accuracy. The organization cites figures very similar to last week’s for the three oil subtypes. He EVOO This week it will be sold in Spain for 5.21 euros per literHe extra virgin olive oil is at an average price per kilogram 4.89 euros Bye lamp oil go down to 4.65 euros.
Oleistportal for buying and selling olive oil, also keeps daily records of oil prices at the place of origin. According to the company, EVOO reaches the selling price 6.32 euros per kilogram, and on the other hand extra virgin olive oil go down to 5.75 euros per kilogram, almost one euro less than two weeks ago. He lampantefor its part, remains in 5.48 euros per kilogramto twelve cents less than in previous weeks.
Regarding InfaolivaSpanish Federation of Industrial Olive Oil Producers, price for EVOO goes down to 5.05 euros per kilogramwhile extra virgin olive oil go down to 5 euros per kilogram. He lampant oil overcomes the five euro barrier and remains in 4.71 euros per kilogram.
Then there is renewal of public organizations. The data they publish weekly is not the latest provided by the market, but rather has some consolidation. The one that offers the record closest to the present is Junta of Andalusiawhich publishes Price Observatory. The Andalusian government now offers data for the period from 11 to 17 November indicating that EVOO has fallen by more than one euro compared to two weeks ago. 5.13 euros per kilogramFor its part, extra virgin olive oil remains in 5 euros per kilogram, and lampante oil in a week fell from those fateful 5 euros, especially for 4.93 euros per kilogram.
Finally, the Department of Agriculture now reports national data recorded between November 4 and 11. A week late compared to today. This is why it offers slightly different costs compared to other organizations, offering figures of around 6 euros. According to the central government, EVOO sold for €6.81. per kilogram, while extra virgin olive oil cost €6.26. per kilogram and Lampante oil reached 5.76 euros per kilogram.
What’s happening in supermarket? The outlook is also bright for customers of various national chains. At Mercadona, a three-liter container is served by the cheapest kilogram of EVOO at a price 7.98 euros (23.95 euros per bottle). It has something in common with the Valencian cooperative Consum, which registers the same price in the same packaging: 23.95 euros for a three-liter bottle (7.98 euros per liter). Carrefour estimates the price per liter at also 7.98 eurosbut in containers over 5 liters at a price of 39.91 per bottle. Alternatively, you can find a great deal at the El Corte Inglés supermarket, where a five-liter bottle of Carbonell is sold at 8 euros per liter (only 39.99 euros). Alcampo offers the 5 liter format of the La Española brand at a price of 37.49 euros, making it 7.5 kilograms. And finally, Eroski sells its own brand bottle 8.20 per kilo.