Producer prices rise again in Spain

Olive oil prices in Spain finally fell in line with expectations and rose last week, though there was not much oil being sold. With the current harvest tipped to be world production leader Andalusia’s worst in 13 years, the dip in ex-mill prices a week ago was perplexing but they’ve since climbed nearly 8%, according to the POOLred price observatory, which shows the average price at December 21 is €2.56/kg, but sales volumes are very low.