Dried Fruit

Dates: warehouse supplies weigh heavy on market

June 9, 2020 1:06 PM, Der AUDITOR
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TEHRAN. While harvesting has started in the Hormozgan Province in Iran, there is a problem with warehouse supplies. The coronavirus pandemic has capped demand and it is becoming increasingly difficult to sell cold-storage supplies. One problem is packaging.

Impossible to sell

Harvesting starts in June and normally brings jobs to the region. Matters are, however, different this year as Hormozgan’s cold storage supplies currently exceed 4,000 metric tonnes. The coronavirus pandemic has stalled demand, especially since it was not possible for tourist to travel to the region during Ramadan and Nowrooz. An additional problem is that most dates stored lack packaging, which renders it difficult to sell supplies in the domestic market. Iran normally exports 60-70% of supplies. These warehouse supplies coupled with weak domestic and export demand as well as transportation problems have prompted prices to decline by EUR 0.03-0.06 per kg over the last two weeks.

Mazafati dates, Iran

Grade

EUR/kg

Grade A

1.10

Grade B

0.96

Premium Grade

1.17

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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