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Olive oil most stolen item in many Spanish supermarkets as gangs target ‘liquid gold’ | World News

Olive oil is now probably the most stolen product in supermarkets in Spanish areas protecting about part the rustic, in step with brandnew figures.

It comes as costs surge later a sizzling drought within the south extreme week clash the olive harvest.

Organised legal gangs are stealing the oil, dubbed ‘liquid gold’, to next resell it, in step with Ruben Navarro, the pinnacle of the Tu Tremendous grocery store chain, which operates 30 retail outlets in Spain‘s Andalucia pocket.

“Olive oil has become an ideal product for them to steal,” he mentioned.

It’s the second one maximum stolen merchandise in all of Spain’s supermarkets, simply at the back of spirits. Iberico ham used to be in 3rd park at the survey checklist.

A litre of top quality too much virgin oil which value lower than €5 (£4) 4 years in the past, is now up to €14 (£12).

Spain is the largest manufacturer of olive oil and households usually purchase it in bulk for cooking.

Supermarkets had been chaining massive five-litre bottles of olive oil in combination and padlocking them to cabinets to stop robbery.

And in some retail outlets, one-litre bottles are fitted with safety tags that need to be got rid of via body of workers.

Pic: Reuters
Pic: Reuters

However Jose Izquierdo, a gross sales for grocery store chain Eroski, mentioned thieves had been the usage of magnetic units to fracture the tags.

Olive oil is now probably the most stolen merchandise in supermarkets in Aragon, Andalusia, Castilla-L. a. Mancha, Catalonia, Valencia, Madrid, the Balearic Islands and Extremadura, in step with safety corporate STC, which performed the survey of retail outlets.

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STC’s advertising and marketing director Alejandro Alegre mentioned it used to be abnormal to peer an very important meals merchandise so top up the robbery checklist.

He advised the Monetary Occasions: “Olive oil is the only one that could be considered a staple, the others are iberico ham, cured cheeses, razor blades and alcohol.”

Olive growers and firms which press olives into oil have additionally been the sufferers of robberies, with thieves stealing tens of 1000’s of litres of oil, the paper reported.

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