AreaSpain

Commodity GroupOilseeds, oils and meals

CommodityOlive oil

Date01/06/2019

Policy CategoryConsumption and marketing

Policy InstrumentMarket regulation

DescriptionSupported 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.

NotesThe 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.