EVO OLIVE OIL AT THE END OF ITS LAST, LOLLOBRIGIDA SHOULD CONFRONT THE ENTIRE SUPPLY CHAIN

Rising energy and fuel prices, as well as the stagnation in domestic product consumption, are creating enormous difficulties for the entire olive oil supply chain. .>> is the alarmed comment of Tullio Forcella, President of FEDEROLIO, the association that most represents the Italian olive oil trade.

< compared to those subsequently recognized by the market. This situation led to large quantities of unsold domestic extra virgin olive oil for industry and commerce, which had to be re-sold in the following months at much lower prices, thus resulting in significant inventory devaluations and significant economic losses. Furthermore, the impact of large-scale retail trade policies, which preferred to focus on non-Italian oils because they were more in line with consumer spending habits, should not be underestimated.

< , we express strong concern regarding the recent announcement by Minister Lollobrigida regarding the introduction of the Electronic Olive Oil Accompanying Document (DAO) and the reduction from six to three days for recording movements on the SIAN, measures designed without the necessary consultation with all the associations in the supply chain>> continued Tullio Forcella, President of FEDEROLIO, the most representative association of the Italian olive oil trade.

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Federolio reiterates the need for preventive consultation with the entire supply chain, so that every measure is sustainable, applicable, and consistent with the needs of the sector.>> concluded Tullio Forcella, President of FEDEROLIO, the association most representative of the Italian olive oil trade.