Morocco: In parallel with the increase in demand, the prices of beans and lentils continue to rise

Published 2021년 12월 27일

Tridge summary

The article reports a surge in the prices of legumes and cottonseed in the Moroccan market, which is reflected in the global market. The secretariat of the wholesale market for grains and legumes in Casablanca, Aziz Watheeq, attributes this increase to the instability of the global market. The prices of imported lentils from Canada have seen a significant rise, impacting the local market. Despite the rising prices, the wholesale market has a sufficient stock to meet demand. The article also mentions the possibility of Morocco sourcing legumes from countries like India, where prices are expected to decrease.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The prices of cottonseed, which are very popular in the winter season, continued to rise in the Moroccan market, as this is explained by the level reached by these products in the global market. Aziz Watheeq, Secretary of the wholesale market for grains and legumes in Casablanca, revealed that the prices of legumes are on a daily basis, with an upward curve, and it is expected that they will continue to increase due to the instability of the global market, which Morocco deals with. Watheeq stated that this increase in prices affected, in particular, the materials that Morocco imports from Canada, and the prices of imported lentils come at the forefront, the price of which settled in the range of 11.50 dirhams, to be sold at 14 dirhams in the installment markets. While the wholesale price of local lentils ranges between 10 and 11 dirhams, depending on the quality, to be sold to the Moroccan consumer directly at 13 and 14 dirhams, according to the prices approved in the Moroccan ...
Source: Kech24.ua

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