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الوقائع الإخبارية
Olive Harvest 2026 Wages and Prices
The Olive Oil Mill Owners' Syndicate announced an increase in the pressing fee from 65 to 75 piastres per kilogram. This is the first cost increase in about 12 years, due to rising operating expenses and labor wages. The prices for oil drums this season range between 90 and 110 dinars, with expectations that local production will reach 30,000 tons of oil, sufficient to meet demand and potentially create a surplus. Mills are preparing to commence the full pressing season on October 15, focusing on satisfying the domestic market before exporting. Meanwhile, the syndicate head advised against rushing to purchase in the early days to help stabilize prices.
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