Daily benchmark assessment · 16 July 2026

OLEA MARKETS The global olive oil price benchmark
OLEA-EVOO-ES 3.900 ▲ 1.06% OLEA-VIRGIN-ES 3.260 ▲ 0.49% OLEA-LAMP-ES 2.978 ▼ 0.57% OLEA-EVOO-IT 6.300 ▼ 7.64% OLEA-EVOO-EU 4.259 ▼ 1.21%

Extra virgin vs lampante olive oil price

0.922€/kg

EVOO − lampante 2026-07-16

As of 16 July 2026, Spanish extra virgin olive oil (OLEA-EVOO-ES) trades at 3.900 EUR/kg and lampante (OLEA-LAMP-ES) at 2.978 EUR/kg at origin.

The extra virgin premium over lampante is 0.922 EUR/kg — lampante trades about +30.96% below extra virgin.

The spread is the price gap between the top commercial grade (extra virgin: free acidity ≤ 0.8°, no defects) and lampante, an unfit-for-consumption oil that must be refined. A wide spread rewards quality and clean harvests; a narrow one signals scarcity, when even lower grades are bid up.

The Olea Price is computed daily from official and semi-official sources only (MAPA, Junta de Andalucía, European Commission agridata, ISMEA), with a public, versioned methodology.

Full history

-0.100.410.921.431.942004-01-012008-07-042013-01-062017-07-102022-01-122026-07-162004-01-01 · 0.000 €/kg2005-07-03 · 0.132 €/kg2007-01-03 · 0.209 €/kg2008-07-05 · 0.136 €/kg2010-01-05 · 0.149 €/kg2011-07-08 · 0.343 €/kg2013-01-07 · 0.286 €/kg2014-07-10 · 0.311 €/kg2016-01-10 · 0.285 €/kg2017-07-12 · 0.172 €/kg2019-01-12 · 0.626 €/kg2020-07-14 · 0.356 €/kg2022-01-14 · 0.446 €/kg2023-07-17 · 1.000 €/kg2025-01-16 · 0.993 €/kg2026-07-16 · 0.922 €/kg1.852-0.0040.922 €/kg · 2026-07-16

Historical spread: OLEA-EVOO-ES minus OLEA-LAMP-ES, EUR/kg.

Today's grades and spread

Grade €/kg Date
OLEA-EVOO-ES — Extra Virgin Olive Oil 3.900 2026-07-16
OLEA-LAMP-ES — Lampante Olive Oil 2.978 2026-07-16
Spread (EVOO − lampante) 0.922 2026-07-16

Spanish grades

Index €/kg Δ 1D Δ 1W Date
OLEA-EVOO-ES 3.900 +1.06% −1.44% 2026-07-16
OLEA-VIRGIN-ES 3.260 +0.49% −0.97% 2026-07-16
OLEA-LAMP-ES 2.978 −0.57% +0.13% 2026-07-16

Frequently asked questions

What is the extra virgin vs lampante spread?
The price gap between extra virgin (top grade) and lampante (lowest grade) olive oil at origin, in EUR/kg: OLEA-EVOO-ES minus OLEA-LAMP-ES.
What does a wide or narrow spread mean?
A wide spread rewards quality and clean harvests; a narrow one signals scarcity, when demand bids up even the lower grades.
Is lampante olive oil edible?
Not as is: lampante has defects or acidity above 2° and must be refined before it can be consumed.

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