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salad with olive oil

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  • Manufacturing
  • Safety and Quality
  • Sourcing and Procurement

Olive Oil Prices Surge Over 100%

News 09/19/2023

Olive oil prices spiked to fresh records as severe droughts in major producing countries crimp supplies — and drive up thefts in cooking oil. Global prices for olive oil surged to $8,900 per ton in September, driven by “extremely dry weather” in the Mediterranean. Read what’s happening here.

Author: CNBC
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