Dried Fruit

Dates: exports decline by 30%

May 25, 2020 11:04 AM, Der AUDITOR
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TEHRAN. While Iran’s government imposed a temporary ban on date exports last year to prevent further price rises, the situation is entirely different this year. Exports have declined by 30% on last year amid coronavirus related travel restrictions in 2020/2021.

Large warehouse supplies to push prices down further

One case in point is the Hormozgan province. The Hormozgan Date Association has stated that more than 3,500 metric tonnes have been stored in cold warehouses. Annual exports range at 35,000 metric tonnes worth USD 46 million. The main export destination are countries in the Persian Gulf.

Traders reckon that Iran’s large storage supplies will push price down considerably. Mazafati dates are trading 6.5%-6.8% lower than two weeks ago. This is mainly attributed to the devaluation of the rial and subdued demand in the last week of Ramadan.

Mazafati dates, Iran

Grade

EUR/kg

Grade A

1.16

Grade B

0.99

Premium Grade

1.23

FOB Iran

 

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price chart, Mazafati dates, dried, grade A, Iran
price chart, Mazafati dates, dried, grade B, Iran
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