Spain Orders Olive Oil Mills to Hold Back Output to Lift Prices

🇪🇸 Bloomberg (ES) —

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Spain has ordered olive oil mills to withhold 12% of their output in an effort to halt falling prices amid a supply glut. The measure directly targets production and supply in the olive oil market.

Spain has ordered olive oil mills to withhold 12% of production to arrest a price slide caused by a glut.

Politics Markets Commodities Spain olive oil production controls supply glut prices agriculture

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