06/11/2025
Olive Oil Market — November 5th
Over the past weeks, the olive oil market has started to show some signs of stability.
New-season oil is slowly coming in — with Jaén still a bit behind until the end of November — and prices seem to be finding a balance: stable for old stocks, and slightly lower for new oil thanks to higher availability.
The recent rains have helped improve the quality of dryland olives, although volumes remain modest. In the Valencian area, many producers are still holding back their product despite a small production recovery.
Forward operations for January are closing around €4.25/kg for extra virgin olive oil, which gives us an idea of where things might be heading.
On the export side, Italy is currently buying Greek oil at €4.80–4.85/kg, which is slowing down the Spanish flow for now.
We’re also seeing movements in the animal fats and oilseed markets, as the upcoming biodiesel regulation (January 2026) continues to reshape the balance between animal fats and vegetable oils.
Sunflower and soy remain steady, rapeseed is under upward pressure, and palm oil is correcting with more stock available.
It’s a fascinating moment for the sector — production, regulation, and consumption habits are all shifting at once. What’s clear is that quality, transparency, and sustainability are becoming stronger pillars in this new stage of the olive oil world.
At times like these, being part of this sector is more than just following prices — it’s about understanding change, adapting, and staying true to the values that make olive oil such a special product: effort, patience, and respect for the land.
Santiago Cruz Rioboo
