Argan oil prices rise to record levels in Morocco

Published 2022년 1월 9일

Tridge summary

The article highlights the significant challenges faced by rural women in Morocco, particularly in the Bsous region, due to the rising costs of argan oil production caused by monopolization and drought. This issue has led to a steep increase in the price of argan oil, from 230 to 250 dirhams per liter to over 600 dirhams, making it unaffordable for both Moroccan and international consumers. The high costs are largely attributed to the monopolization of the raw material by large companies, which has disadvantaged small cooperatives and family businesses that cannot compete. The current situation threatens the livelihoods of women who have traditionally relied on argan oil production and underscores the need for sustainable solutions to support Morocco's rural population. The author suggests focusing on strengthening local solidarity economic systems and providing adequate conditions for these institutions to supply the necessary substance. They stress the importance of balancing economic and social empowerment of the rural population for sustainable local development, emphasizing that a robust society can only be achieved by fortifying its rural sectors and enhancing the economic and social well-being of its residents.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Fatima Al-Muhani, head of the "Arkana n Amskoroud" cooperative in the suburbs of Agadir, said that a set of constraints experienced by the staff sector in Bsous made it today on the impact of an unprecedented rise, including the drought that has hit the region for years and continues until now, in addition to the high price of the raw material that has become a monopoly of He accepted companies and contracting companies themselves at the expense of rural women, who used to work comfortably in this field and had a long history of providing this material within the local, regional, national and even international markets. In a statement to Le360, the spokeswoman added that the raw material in the era in which the village woman was the mastermind in the sector was sufficiently available, but the entry of major companies on the line deprived women of their roles and pulled the rug from under their feet so that the contracting companies controlled prices and monopolized the raw ...
Source: Le 360

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