Introduction

The dried fig market is currently facing significant challenges due to unstable weather conditions in Iran, impacting the yield and quality of the produce. The local market shows low demand for existing stocks due to aflatoxin concerns, complicating the situation for producers and exporters.

Market Data Table

Market Drivers & Context

• Unstable weather patterns, including a dry winter and insufficient rainfall, are threatening fig yields.
• Local demand is suppressed due to quality issues related to aflatoxin contamination.
• Export challenges persist, putting financial pressure on producers and exporters.

3-Day Price Forecast

Outlook: Prices are expected to remain stable in the short term, with a potential increase if rainfall improves yield prospects.

Fundamentals: Global Balance Sheet

Details on global production, demand, and stock levels of dried figs, highlighting the balance and potential market shifts.

Conclusion & Strategy

• Monitor weather conditions closely as they are a critical factor in yield and quality.
• Explore alternative markets or value-added products to mitigate the impact of local demand issues.
• Implement rigorous quality control measures to manage aflatoxin contamination.

Shortcut to Chart