date:Aug 03, 2012
Western Australias Frankland River Olive Company has said in its latest report to the Australian Securities Exchange (ASX) that domestic packaged sales in the June 2012 quarter were less than the previous year.
This is a result of aggressive pricing from some of the major marketers of Australian extra virgin olive, as well as imports of extra virgin olive oil benefiting from the high Australian dollar, the announcement from the company said.
Meanwhile, a competitor, Red Island, said its olive