They produce only 5% of oil, but have 36% in stock

It is perhaps an obvious fact, but what comes from the traditional report makes us think Oil mill Italy with which theFraud Repression Institute certify every month oil stocks in Italy. Because, looking at the data at 31 October where even the mills were fully operational everywhere, it turns out that five regions which, put together, they do not reach 5% of national production, they hold over 36% of the oil present today in telematic registers. They are in order there Toscana with over 41 thousand tons when last year it had produced none at all 11.000,'Umbria which is found with 14 thousand tons in front of 3.178 produced in the previous campaign, the Liguria with 12.000 tons compared to just 1.500 built, theEmilia Romagna which is found with over 6 thousand tons, compared to 1.100 obtained last year to which is added the Lombardia with 5.600 tons when last year he had barely made any 157. Together they hold approx 78.000 tons compared to 216 thousand overall, when in the previous campaign they had produced just over 16 thousand tons of oil in front of a national figure of 329 thousand.
Clear sign of how the market moves the oil produced from the south to the centre-north, net of that purchased in Spain or in other markets in the European Union (equal to about 28% of the total in stock today). On the other hand, the quantity of extra virgin olive oil produced by non-EU countries and still kept in our tanks is extremely small.
It must be said that, in terms of inventories, we are still in good shape with the aforementioned ones 216 thousand tons overall, ie a + 11 % compared to the same period last year (in Puglia the most significant presence with over 70.000 tons  and, staying in the south, Sicilia e Calabria respectively with 20.000 e 19.000 tons). The November data will give us more precise indications on the overall production and on the stock available in Italy between new and old production. Certainly the -30% oil compared to last year, assumed at the beginning of the campaign, it will probably be revised downwards.