Price of Iranian Dates Surges Ahead of Ramadan – Wholesale prices of dates have surged recently, just before the start of Ramadan, causing concern among consumers and traders. Reports indicate a significant increase of 4,000 rupees per maund, soaring from 12,000 to 16,000 rupees. This surge is primarily attributed to a shortage of dates in the market, exacerbated by storage challenges.
Traders, anticipating the spike in demand from the 15th of Sha’ban to the 15th of Ramadan, have reportedly filled cold storage facilities, further limiting the availability of dates. Despite these concerns, no actions have been taken against those suspected of hoarding stocks. If this trend continues, experts warn that date prices could reach a staggering 20,000 rupees.
Stay updated as we continue to monitor the evolving situation in the date market ahead of Ramadan.
