Market News Service

The market has remained satisfactory even though it has been less active than last week. The Spanish supply has mainly relied on some moderate volumes of Naveline, Navel and Salustiana. The very first Navelate entered the market but with very little volumes. Demand has been slightly slower this week and competition from other origins has been more present, mainly in Northern Europe (Navel from Egypt and Morocco and Washington Sanguine also from Morocco). In this context, Spanish prices have decreased but the level has remained far above the average. The situation has been more difficult for the small sized Maltaise from Tunisia, that represent the main part of the offer