Dried Fruit

Dates: surprising twist in prices

May 20, 2021 at 12:40 PM, Der AUDITOR
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TEHRAN. Although high date inventories have been repeatedly reported in recent weeks, the market has taken a surprising turn. Question is in how far the current prices are sustainable. With annual production ranging at 1.25 million mt dates are the fifth most important product in Iran’s horticultural sector.

Production hotspots

According to Iran’s Ministry of Agriculture date palm groves spanned an area of 223,000 ha in 2020. Annual date production ranges at 1.25 million mt. The Sistan and Baluchestan Province accounts for around 18.9% of production, followed by the southern Kerman (16.3%) and Fars provinces (14.6%). Concerns over high cold storage inventories have recently been voiced, especially in the Bushehr Province, where farmers were left to look for customers. Although demand is normally strong throughout Ramadan, things were different this year as many we

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