European Drug Gangs Burying Cocaine Due to Low Wholesale Prices
Drug smugglers in Europe are being forced to manipulate the market due to low wholesale prices, with some opting to bury cocaine instead of selling it.
In December, authorities in southwest Spain discovered two shipping containers buried underground on a farm, containing seven metric tons of cocaine with an estimated street value of 420 million euros.
- Civil guard officials followed the cargo from the mouth of the Guadalquivir River to the farm in Coria del Río.
- The farm was protected by armed guards.
- The cocaine bricks included one with a devil emoji playing the guitar.
No direct quotes available in the provided text.
OCCRP explains the factors affecting Europe's cocaine supply in 2025, including the impact of low wholesale prices on drug smugglers.
Author's summary: European drug gangs are burying cocaine due to low prices.
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