15 Hrs
Source:
جفرا نيوز
Olive Oil Industry Wage Rise
The Syndicate of Olive Oil Producers and Oil Press Owners in Jordan has increased the prices for pressing olive oil from 65 piasters to 75 piasters per kilogram. This is the first increase in about 12 years, due to rising operating costs, maintenance, labor, and imported spare parts. The impact on the price of a can of oil, which typically ranges between 90 and 110 dinars depending on quality, is expected to be limited. The projected production is around 30,000 tons of oil from approximately 210,000 tons of olive fruits, with domestic consumption estimated between 25,000 and 28,000 tons. The union official emphasized that oil exports should only proceed after fulfilling local market needs, with the presses beginning operations on October 15 in accordance with official regulations. There are 153 presses ready for the season.
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