Olive oil reached reached € 4.25 / kg in Lakonia Written by  Monday, 21 November 2016
High demand for EVOO in Lakonia, Greece boosts price to € 4.25 per kg

An indication of demand is the fact that contracts are closed before the transfer of the olives to the mill. Prices of recent tenders (November 16) reached EUR 4.25 per kg (for about 27 to 28 tons Athinoelia at Monemvasia, Peloponnese,Greece).

This rise in prices since the second week of November, which closed at 4.10 euros per kilo is rare in recent years , according to experts. It is worth mentioning that a critical feature of this season's olive oil appears to be low acidity.