Traders in UAE Are Buying and Reserving Large Volumes of Apples From EU Countries in October

Traders in Dubai are buying and reserving large volumes of apples from various European countries, including Italy, France, and Poland, as prices are low since EU producers and exporters want to move supply as the storage costs are reported to be high in October. UAE traders are seizing this opportunity and intend to store the apples domestically at a lower cost to make higher profits. By the end of December 2022 and heading into 2023, the domestic apple market in the UAE is anticipated to improve as volumes decline and prices increase. At this time, UAE traders intend to release stored apples into the UAE market to earn higher profits.