domenica 15 giugno 2014

The "price" of Sustainability - step #1

How much should a product cost to really accomplish with sustainability? If a bottle of extra virgin olive oil has a really cheap price two questions should hit our mind: “is it really good quality?” and “was it produced according to sustainability?”. As for the second question, it may happen that behind a low price there’s a production process where cost saving was achieved polluting the environment, exploiting workers, exploiting other resources from local population or whatsoever.

Hence, let’s start from here: a list of the latest prices for bulk extra virgin olive oil in the main markets of origin (from Oliveoilmarket.eu). Take a look and start comparing with the price you payed for the wonderful olive oil bottle you have at home.

We’ll come back on it later, keep following us!

One more thing: if you are a producer, trader of anyonelse involved in the extra virgin olive oil market leave us a feedback on this table.


PURCHASE OF EXTRA VIRGIN OLIVE OIL IN EUROPE
Prices of oil extraparthenou €/kg(*)
City
A
B
C
D
Jaen(ES)
1.98
1.92
3.12%
K
Granada(ES)
1.98
1.92
3.12%
Estremadura(ES)
1.98
1.92
3.12%
Cordoba(ES)
1.98
1.98
0.00%
Toledo(ES)
2.01
1.98
1.51%
Borjas(ES)
2.48
2.48
0.00%
-15.10%
Sevilla(ES)Arbequiiio
2.16
2.16
0.00%
Sevilla(ES)
2.1
2.1
0.00%
%
Bari(IT)
3.61
3.58
0.80%
14.10%
Andria(IT)
3.05
3.52
-13.35%
Foggia(IT)
3.53
3.52
0.40%
15.70%
Bitonto(IT)
3.1
3.52
-11.90%
Taranto(IT)
3.05
3
1.70%
15.10%
Cosenza(IT)
3.2
3.18
0.80%
13.30%
Catanzaro(IT)
3.25
3.18
2.40%
14.10%
Salerno(It)
3.6
3.6
0.00%
0.00%
Chieti(IT)
3.75
3.85
-3.60%
5.60%
Palermo(IT)
3.6
3.6
0.00%
10.80%
Trapani(IT)
3.8
3.8
0.00%
13.40%
ReggioCalabria(IT)
3.6
3.5
2.90%
9.10%
Catania(IT)
4.7
4.5
4.40%
14.60%
Pescara(IT)
3.75
3.75
0.00%
8.70%
Viterbo(IT)
5.1
5.1
0.00%
3.00%
Kalamata
2.78
2.78
0.00%
9.60%
Kalamata: (estimates 2.85-2,90 € /kg)
Sparta
2.88
2.88
0.00%
10.50%
Crete
2.76
2.77
-0.30%
8.30%
Mytilene(Virgin)
2.08
2.08
5.60%
13.70%
Stax(Tunisia)
2.28
2.28
0.00%
-13.30%

A= 20th week in 2014 (18 May 2014) 
B= 19th week in 2014
C= % change in price of 20 on the 2014 previus
D= % change in price for the same week of 2013.

Source:

http://www.oliveoilmarket.eu on data from:Ismea, Camere di Commercio Italiane, Sistema de informacion de precios en origen del mercato de contado dell’aceide de oliva. Olimerca. elies-ladikalamatiano

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