22 Hrs
Source:
ناظورسيتي
Olive harvesting begins at 70 dirhams per liter
The olive harvest season in Morocco has begun, with expectations that the olive price at the start of the season will be around 70 dirhams per liter. Despite some trees being damaged by recent storms and cold weather, the impact on the overall harvest volume and prices remains limited. It is anticipated that the wholesale price of olive oil will be about 45 dirhams after the season starts, with potential retail price increases from 70 to 45 dirhams, due to abundant production in regions like Gharb and the Eastern region. The market faces challenges from international competition, especially from Spain, which has recorded an increase in its production. However, the quality of the stock still ensures price stability despite a lower harvest volume compared to last year.
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