Why Does the Cost of Olive Oil Fluctuate?

Posted by Hannah Broaddus

Blog46-Blackboard-Chart-Upward-Growth-aBulk olive oil is, in essence, a commodity item.  This means that the global market price fluctuates on a daily basis and is largely dependent on the supply of olive oil available in the world.  

Centra Foods works with manufacturers around the globe to source high quality, authentic olive oil at fair prices.  Like all olive oil suppliers, we’re still affected by the global fluctuations in price as the market rises and falls.  We continually rotate through large volumes of inventory, and as a result we our rates are based on the current market.  3, 6 and 12 month contracts may also be available.

Topics: Prices & Saving Money, Harvest/Commodity Market



Related Articles

Download The eBook - All About Olive Oil

Enter your email below to get commodity market updates & cost-saving tips for procurement professionals.






Buy & Ship Direct From Our Online Store

Select an item below to see live pricing (LTL quotes included at checkout).



Now you can order direct from our website, without ever talking to a salesperson.  We've created this new industry-leading online storefront which makes the bulk oil buying process so much easier!

  • See live price quotes for oils online
  • Shipping costs are auto-calculated at checkout
  • Buy single drums, partial pallets or full pallets
  • Pay with a credit card
  • Ships from Centra Foods within 1-3 business days