Why Does the Cost of Olive Oil Fluctuate?

Bulk 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.