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Al-Ahsa dates auction sees prices over 60,000 riyals
The prices of dates have risen significantly in the Al-Ahsa market, with the price of a 240 kg batch exceeding 60,100 riyals (approximately 250 riyals per kilogram). There is a wide variation in prices depending on quality, care, and classification. High-quality varieties can reach up to 14,000 riyals per ton, while lower-quality ones start from 700 riyals, resulting in a difference of up to 20 times between the lowest and highest quality. Care, cleanliness, and display methods are key factors in determining the final price, with luxury dates potentially fetching enormous amounts compared to unprocessed dates. The daily trading volume at the auction is estimated at around 100 tons, attracting major traders, companies, and exporters. Women are also entering the date market.
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