Olive Oil Suppliers
Wholesale Olive Oil Trading & Distribution
Targray works with olive oil suppliers, traders, producers and distributors to help address the growing demand for this healthy edible oil in markets throughout Europe, the Middle East, Asia, Africa and the Americas.
Operating out of our commodity trading desks in Switzerland, Canada, and India, our vegetable oil specialists are focused on creating wholesale olive oil solutions that unlock value for buyers and sellers across the supply chain. Our experience in agricultural commodities trading, transportation, storage and distribution enables us to connect olive oil suppliers to consumers around the globe.
For more information about our olive oil products & solutions, contact our vegetable oils team today.
How is Olive Oil Made?
Olive oil is produced from the fruit of the olive, a small tree species found primarily in the Mediterranean region.
After harvest, olives are crushed into a paste and decanted, before undergoing a centrifugation process that serves to separate the oil. The resulting product is then stored in stainless steel tanks to prevent oxygenation. Olive oil is typically packaged in dark glass bottles to preserve freshness.
Extra-virgin olive oil – sometimes dubbed EVOO – is a cold-pressed variety of olive oil that is extracted without the use of high heat or chemicals, as per the standards set out by the International Olive Council.
What are the Different Types of Olive Oil?
Many ‘grades’ of olive oil are marketed internationally. These include extra virgin, virgin, and refined olive oil. Olive oil grades are defined according to the extraction method and acid contents.
Extra Virgin Olive Oil
Extra virgin olive oil is obtained via cold-press extraction. This process helps retain flavour, and yield a lower level of oleic acid. Extra virgin olive oil is the ‘purest’ grade available – it has a higher concentration of natural vitamins and minerals than other olive oil varieties. In order for olive oil to be graded ‘extra virgin’, its free acidity level cannot exceed 0.8 percent.
Virgin Olive Oil
Like its extra virgin counterpart, virgin olive oil comes from standard virgin oil production (cold pressing). In order to earn a ‘virgin oil’ grading, the olive oil’s free acidity level must not exceed 2 percent, and the product cannot contain any refined oils.
Refined Olive Oil
When virgin olive oils are sent to a chemical facility for processing, they become “refined olive oils.” During processing, these oils are heated, filtered, or chemically treated. Refined olive oils typically have an acidity level below 0.3 percent or less, which tends to contribute to their longer shelf life.
Olive Oil Uses
Pure olive oil is primarily used for culinary purposes and in the preservation of foods, particularly canned fish.
Olive oil can also be used in industrial settings. The product is used in the textile industry for wool combing, and in the production of some cosmetics, soaps, lubricants, and pharmaceutical products.
FOSFA is a professional international contract issuing and arbitral body focused on the world trade of oilseeds, oils and fats. It counts over 1,000 members in 86 countries. These include edible oil suppliers, producers and processors, shippers and dealers, traders, brokers and agents, superintendents, analysts, shipowners, ship brokers, tank storage companies, arbitrators, lawyers, insurers and other service providers.
The AFOA is a U.S.-based non-profit organization focused on fostering trade and commerce within the United States and throughout the world for animal, fish, and vegetable fats, oils, and protein. The AFOA works to promote uniformity and certainty in the standards of such products and in the customs and usages of the trade. Targray first became a member of the AFOA in 2019.
The National Institute of Oilseed Products is an international trade association with the principal objective of promoting the general business welfare of persons, firms, and corporations engaged in the buying, selling, processing, shipping, storage and use of vegetable oils and raw materials.