23 Hrs
Source:
شبكة راية الإعلامية
Olive oil tin prices this year
The article indicates that the prices of a barrel of olive oil in Palestine are expected to decline significantly and predictably around mid-November and into late December. This decrease follows a temporary rise caused by competition among local companies to export oil to the Gulf region, which pushed prices up by between 600 and 1200 shekels depending on the area. Experts advise consumers not to buy at the current high prices, waiting for the prices to drop, as the market is expected to stabilize after the export activities end. The existing quantities in northern Palestine are sufficient to meet demand at fair prices. Additionally, the article warns against the phenomenon of fruit theft and tree cutting by settlers, along with the establishment of unlicensed presses. It also mentions a decline in olive oil extraction rates due to premature harvesting caused by climate changes. Farmers are urged to delay harvesting to achieve better quality and higher productivity.
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