Detail

Spain

Oilseeds, oils and meals

Olive oil

01/06/2019

Consumption and marketing

Market regulation

Supported a proposal by the country’s olive oil industry to self-regulate the domestic olive oil market. Aimed at stabilizing supplies and prices at national level, the proposed mechanism would include market interventions when surplus/shortage conditions develop.

The Agriculture Ministry sought advice from the European Commission regarding the feasibility of Spain’s olive oil industry self-regulating the domestic olive oil market. Aimed at stabilizing supplies and prices at national level, the proposed mechanism would include market interventions when surplus/shortage conditions develop. Details will be defined once assurance has been obtained that the measure conforms to the EU’s agricultural and competition policies.