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The Jordanian Oil Press Owners Syndicate announced an increase in olive pressing fees from 65 piasters to 75 piasters per kilogram. This is the first increase in about 12 years, due to rising operating, maintenance, labor costs, and imported spare parts. The current season's production is expected to reach approximately 30,000 tons of olive oil from around 210,000 tons of olives, reflecting a 20% decrease compared to last year's overall production. The Press Owners' representative explained that this fee hike will not significantly impact the price of the gallon containers, which typically range between 90 and 110 Jordanian Dinars. He emphasized the importance of prioritizing local market supply before export to ensure sufficient quantities for consumers. The Ministry of Agriculture announced the start of olive pressing operations from October 15, with 153 presses prepared for the season in coordination with relevant regulatory authorities.
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