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LEONARDO FIGARO
Olive oil to remain costlier for some time: IOARetail price increase could hit Indian demand and affect import this fiscal, which is expected to be flat at last year's level of 11,106 to...
- Olive oil imports likely to rise 20% in 2016-17
The country had imported 11,106 tonnes of olive oils, 65 per cent of which is sourced from Spain, in 2015-16 fiscal.
Bumper crop may pull down olive oil prices by 20 per centBhasin, who is also the president of India Olive Association, said firms will pass on the reduction in prices to consumers by end of Septem...