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Date farmers, sellers, marketers, and buyers are now required to use a centralized platform for trading after the National Center for Palms and Dates launched a seasonal markets system. The new system, launched alongside the Environment, Water, and Agriculture Ministry, is designed to regulate and organize date trading by introducing more efficiency in the trading market and improving the availability and quality of data on the market, it said in a post on X. You can register here.
What’s the seasonal market system? The platform aims to provide all the stakeholders in the date value chain with enough data about the sector, along with offering marketing and agriculture services. It links sellers, buyers and marketers together and allows them to conduct their business, sign contracts, and monitor payments and business progress online on a centralized portal. It also provides detailed guidelines on how sellers and buyers can conduct their transactions.
By the numbers: The kingdom produces around 1.7 mn tonnes of dates annually, and exports SAR 1.5 tn-worth of dates every year.
