CNBC·3 min read·medium
Spain's Deoleo says market has entered a new phase
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Sam Meredith
✦AI Summary
Deoleo, the world's largest olive oil producer, reports that the market has stabilized following three years of extreme volatility caused by drought and heat. Improved rainfall has led to better harvests, resulting in more predictable pricing and a recovery in global demand.
Spain's Deoleo , the world's largest olive oil company, says a period of unprecedented volatility has unequivocally given way to more stable market conditions, citing an unlikely catalyst in helping to lift U.S. sales.
businessfoodeconomy
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