Excessive Date Exports Blamed for Rising Prices
Economy, Domestic Economy

Excessive Date Exports Blamed for Rising Prices

Unrestrained date exports to Russia are to blame for the unreasonable prices in the domestic market, Nozar Negahdari, managing director of the Association of Horticultural Producers, said. Last week, Ali Asghar Mousavi, the head of Iran’s Date Association, announced that date prices have risen by 30% in the holy month of Ramadan. Average per capita consumption of dates in Iran is one kilogram and around 500,000 tons of the fruit are consumed annually, ISNA quoted Mousavi as saying. Dates are traditionally used by Muslims to break their fast in Ramadan, the ninth month of the Islamic lunar calendar. As a result, demand for the product rises during the period. According to the Agricultural Jihad Ministry, more than 1 million tons of dates were domestically produced in the last fiscal year (March 2015-16), over 170,000 tons of which were exported.

Short URL : http://goo.gl/T2VLEj
  1. http://goo.gl/icF4oz
  • http://goo.gl/NxTwB2
  • http://goo.gl/xXY8yM
  • http://goo.gl/KWktKu
  • http://goo.gl/Exa2gM

You can also read ...

Alcatel’s Android Go Cellphone in the Offing
Two of the phones Alcatel revealed last month will be coming...
NASA Seeks Help to Check Satellites
NASA is asking all cloud gazers to snap photos of the sky and...
Iran has signed a contract with China Railway Group Limited in 2015 to build a 415-km (260-mile) high-speed north-south rail line between Tehran and Isfahan via Qom.
The Economy Ministry sold 2 trillion rials ($41.6 million) of...
Banque Delubac Ready to Service Iranian Businesses
Executives with Banque Delubac and Cie, an independent French...
Trade With Afghanistan Tops $2b
Iran and Afghanistan exchanged 5.32 million tons of non-oil...
$92m Worth of Gov’t Debts to Be Cleared in Swap Deal
The government has decided to clear over 4.45 trillion rials...
Iran-Lithuania Trade Falls 44% in 2017
Trade between Iran and Lithuania stood at more than €11.1...
Gov’t, Workers, Employers Deadlocked in Setting Minimum Wage
With only a day left for the Supreme Labor Council to set the...