Table Dates Production Progress Report
According to industry sources, the overall production of dates has progressed in volume, as in previous years. The quality in some producing countries has decreased following certain climatic hazards but also a drop in orchard maintenance related to COVID-19.
Sales of table dates dropped down during Ramadhan 2020 and this decrease was accentuated during Christmas, mainly due to the pandemic: lockdown, curfew and other restriction measurements slowed down the sales. Moreover, importers and local traders faced some difficulties to forecast consumption and were not able to sign long-term contracts. The purchasing was therefore done step by step and the market is bearish.
Sales of table dates dropped down during Ramadhan 2020 and this decrease was accentuated during Christmas, mainly due to the pandemic: lockdown, curfew and other restriction measurements slowed down the sales. Moreover, importers and local traders faced some difficulties to forecast consumption and were not able to sign long-term contracts. The purchasing was therefore done step by step and the market is bearish.