24 Hrs
Source:
برلمان.كوم
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Olive harvest begins, prices expected to stay stable
Olive oil prices in Morocco are heading towards stability this season, ranging between 40 and 45 dirhams per liter, with expectations of reaching 50 dirhams at the start of the season due to consumer demand for the initial quantities. This year has seen a decline in olive production resulting from delayed ripening and flowering disruptions, which have led to weaker tree yields. Additionally, rising production costs are placing a burden on farmers, especially as selling prices have dropped to 4-5 dirhams per kilogram, a rate that does not cover production expenses. Industry professionals are calling for the opening of export markets to Europe and other parts of the world to offload the surplus and help balance the interests of producers and consumers. They also emphasize the importance of oil quality, which depends on acidity levels and the conditions of harvesting and processing, to ensure strong competition in both local and international markets.
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