Olive Season Wage Rise and Jug Prices in Jordan
The investor in the olive oil pressing sector in Jordan, Mahmoud Al-Omari, confirmed that an increase in pressing fees from 65 to 75 piastres per kilogram—that is, a 10 piastre increase—will not significantly impact the price of olive oil in the local market. He explained that this increase amounts to about 1 dinar and 60 piastres per 16-kilogram barrel, which is a limited difference compared to the overall value of the product, and is not a major factor in determining the final consumer price. He also pointed out that the announced fees represent an upper ceiling rather than a fixed, mandatory price, and depend on agreements between the farmers and the pressing facilities, with discounts and reductions available depending on circumstances and quantities. He concluded that the small increase in fees has little noticeable effect on the price of olive oil, especially since the price difference remains limited relative to the total value of the barrel, and that competition among pressing facilities helps stabilize the market.
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