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Top related persons:
Elvis Barukcic - 1 Miguel Ángel Guzmán - 1 Guzmán - 1 Carbonell - 1 Deoleo - 1 Kyle Holland - 1 Expana's Holland - 1 Spain's Deoleo - 1
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Europe Spain Bosnian Herzegovinian Ljubuski Capljina Greece Tunisia
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Search resuls for: "Miguel Ángel Guzmán"


2 mentions found


☆ World’s largest olive oil producer says ‘liquid gold’ prices on track to halve from record levels
  + stars: | 2024-11-15 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com   time to read: +4 min
Elvis Barukcic | Afp | Getty ImagesSpain's Deoleo, the world's largest olive oil producer, says one of the most challenging moments in the industry's history appears to be drawing to a close, with "liquid gold" prices expected to nearly halve from an all-time high over the coming months. Extra virgin olive oil prices in Spain's Andalusia stood at 6 euros ($6.33) per kilogram as of Nov. 6, according to Expana, an agricultural and food-focused market intelligence firm. Spain accounts for more than 40% of the world's olive oil production, making it a global reference for prices. A person holds a bottle of olive oil on June 21, 2024, in Barcelona, Catalonia, Spain. Deoleo said olive oil prices should fall to around 5 euros per liter, a steep drop from highs of 9 to 10 euros, which had become the norm in Spanish supermarkets this year.
Persons: Elvis Barukcic, Miguel Ángel Guzmán, Guzmán, Carbonell, Deoleo, Kyle Holland, Expana's Holland Organizations: Afp, Getty, CNBC, Europa Press, Anadolu Locations: Bosnian, Herzegovinian, Ljubuski, Capljina, Europe, Spain, Greece, Tunisia, Spain's Andalusia, Barcelona, Catalonia, Turkey, Menemen Plain, Izmir, Turkiye
☆ World's largest olive oil producer says the industry faces one of its toughest moments ever
  + stars: | 2024-05-02 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com   time to read: +1 min
Spain's Deoleo, the world's largest olive oil producer, says the industry needs to undergo a "profound transformation" as it grapples with one of the most challenging moments in its history. A perfect storm of climate change, soaring prices, high interest rates and robust inflation has taken its toll throughout the olive oil value chain in recent months. Spain accounts for more than 40% of the world's olive oil production, making it a global reference for prices. Extra virgin olive oil prices in Spain's Andalusia hit a record high of 9.2 euros ($9.84) per kilogram in January. Olive oil prices have cooled due in part to an uptick in production estimates and beneficial rains in March and April.
Persons: Spain's Deoleo, Miguel Angel Guzman, Guzman Organizations: CNBC Locations: Europe, Spain, Andalusia, Olive
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