Daily benchmark assessment · 2 September 2026

OLEA MARKETS The global olive oil price benchmark

Extra virgin vs lampante olive oil price

0.538€/kg

EVOO − lampante 2026-09-02

As of 2 September 2026, Spanish extra virgin olive oil (OLEA-EVOO-ES) trades at 3.573 EUR/kg and lampante (OLEA-LAMP-ES) at 3.035 EUR/kg at origin.

The extra virgin premium over lampante is 0.538 EUR/kg — lampante trades about +17.73% 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

-0.100.410.921.431.942004-01-112008-07-222013-01-312017-08-122022-02-212026-09-022004-01-11 · 0.168 €/kg2005-07-16 · 0.119 €/kg2007-01-19 · 0.190 €/kg2008-07-24 · 0.103 €/kg2010-01-27 · 0.203 €/kg2011-08-02 · 0.358 €/kg2013-02-04 · 0.294 €/kg2014-08-10 · 0.280 €/kg2016-02-13 · 0.263 €/kg2017-08-18 · 0.190 €/kg2019-02-21 · 0.584 €/kg2020-08-26 · 0.396 €/kg2022-03-01 · 0.363 €/kg2023-09-04 · 1.268 €/kg2025-03-09 · 1.029 €/kg2026-09-02 · 0.538 €/kg1.852-0.0040.538 €/kg · 2026-09-02

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 3.573 2026-09-02
OLEA-LAMP-ES — Lampante Olive Oil 3.035 2026-09-02
Spread (EVOO − lampante) 0.538 2026-09-02

Spanish grades

Index €/kg Δ 1D Δ 1W Date
OLEA-EVOO-ES 3.573 +0.31% +0.76% 2026-09-02
OLEA-VIRGIN-ES 3.221 +0.81% +0.16% 2026-09-02
OLEA-LAMP-ES 3.035 +0.96% +0.36% 2026-09-02

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.

Related pages