Oil stocks, Italian extra virgin olive oil is still declining

The variations recorded in the timely report of Frantoio Italia
Food market in Italy
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The sale of Italian extra virgin olive oil continues and consequently the decline in inventories nthe report Oil mill Italy referred to month of July. Based on the telematic registers, theIcqrf reported that national Evo stocks have dropped since 122.356 a 111.151 tonsdrop of over 9%.
Among the extra virgin olive oils, domestic oil remains the one that confirms the most marked drop in quantity. In July the level of sales of pomace oil, with inventories down nearly 20%, from 23.557 a 18.979 tons.

The report shows that the organic oil in stock is equal to 38 thousand tons, while the stocks of oils PDO and PGI are higher than 15 million liters, of which almost half (49,1%) prerogative of Land of Bari.

Le total inventories of olive oil are equal to 267 thousand tons, of which 76% is represented by extra virgin olive oil. The largest inventories are recorded in Puglia (34,1%), Tuscany (18%), Umbria (9,6%) and Calabria (9,1%).

Su annual basis,he stocks of Italian extra virgin olive oil are 25,9% higher than on 31 July 2021, obviously compared to a higher quantity produced in the last campaign.

Tags: Oil mill Italy, stocks

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