Oil price impact from washing fee increase
The Jordanians are awaiting the olive oil season of 2026, amid expectations of rising tanker prices that could range between 90 and 110 dinars. This increase is partly due to higher pressing fees, which have increased from 65 to 75 piasters per kilogram, estimated to add about 1 dinar and 60 piasters to the production cost of each tanker. However, the final selling price is influenced by various factors such as oil quality, production volume, transportation and harvesting costs, making prices vary across regions and depending on several other factors. The final picture of prices will become clearer as the harvest season progresses and more accurate indicators of local production and its sufficiency to meet Jordanian market needs emerge.
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