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Decline in demand lowers prices 'salvation' 40% .. And attempts to dispose of 250 tonnes of dates
A group of traders during the auction to sell a quantity of dates (Middle)
27/10/2013 - ISSUE 693
Al-Ahsa - Mohamed birds
Prices are dates in the Eastern fell sharply, justified abundant supply dealers, with the decline in the amount of demand, where the dropped manna rate (240 kg) of going through the redemption of 2,000 riyals the beginning of the season to SR 1200, down 40%, while the price dropped manna from passing Ciche from SR 1000 to SR 500, a decline of 50%, causing big losses for a number of merchants. called on traders in the market dates Ahsa competent authorities to search for alternatives to the marketing of surplus production area of 250 thousand tons per year, of different varieties of dates, confirming that it will contribute to price stability and support farmers and traders in the region.
stressed merchant Abdullah bin Isa that the prices of dates fell sharply, and attributed the reason for this is the abundance of supply with a decrease in demand, where he managed a large number of consumers to buy the quantities they need to start of the season , and some traders monopoly of dates the beginning of the season after reaching record prices and put it through the current period, and the lack of means of marketing, and the small number of factories in the region, and confining its work on the packing without attention beside industrialization. He said: ?We hope that the competent authorities and research centers in the room and universities prepare studies concerned with the marketing of the product to protect farmers, traders and contribute to the stability of prices, especially since a large part of the production area is used as feed for livestock at the end of the season?.
more....
Decline in demand lowers prices 'salvation' 40% .. And attempts to dispose of 250 tonnes of dates
A group of traders during the auction to sell a quantity of dates (Middle)
27/10/2013 - ISSUE 693
Al-Ahsa - Mohamed birds
Prices are dates in the Eastern fell sharply, justified abundant supply dealers, with the decline in the amount of demand, where the dropped manna rate (240 kg) of going through the redemption of 2,000 riyals the beginning of the season to SR 1200, down 40%, while the price dropped manna from passing Ciche from SR 1000 to SR 500, a decline of 50%, causing big losses for a number of merchants. called on traders in the market dates Ahsa competent authorities to search for alternatives to the marketing of surplus production area of 250 thousand tons per year, of different varieties of dates, confirming that it will contribute to price stability and support farmers and traders in the region.
stressed merchant Abdullah bin Isa that the prices of dates fell sharply, and attributed the reason for this is the abundance of supply with a decrease in demand, where he managed a large number of consumers to buy the quantities they need to start of the season , and some traders monopoly of dates the beginning of the season after reaching record prices and put it through the current period, and the lack of means of marketing, and the small number of factories in the region, and confining its work on the packing without attention beside industrialization. He said: ?We hope that the competent authorities and research centers in the room and universities prepare studies concerned with the marketing of the product to protect farmers, traders and contribute to the stability of prices, especially since a large part of the production area is used as feed for livestock at the end of the season?.
more....
