INDICES
Production
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Decline in Colza Production
EghtesadOnline: A total of 280,000 tons of colza were produced in Iran in the current crop year, according to the director of Agriculture Ministry’s National Oilseed Project.
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Rice Production Estimated to Decline by 13% Due to Drought
EghtesadOnline: A total of 2.2 million tons of rice are estimated to be produced in Iran during the current Iranian year (March 2021-22) to register a 13% decline compared with last year, according to the director general of Grains and Essential Goods Department of Agriculture Ministry.
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70% Self-Sufficiency in Sugar Production
EghtesadOnline: It is estimated that a total of 1.8 million tons of sugar will be produced in Iran in the current Iranian year (March 2021-22), which is sufficient to supply more than 70% of the domestic demand, according to the manager of the Agriculture Ministry’s so-called “Beetroot Project.”
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Decline in Olive Production Expected
EghtesadOnline: A total of 109,834 tons of olives are estimated to be produced in Iran during the current Iranian year (started March 21) to register an 8.47% decline compared with last year’s yields, the executive manager of the Agriculture Ministry’s “Olive Project” said.
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Strong Growth in Production of Refrigerator, Washing Machine
EghtesadOnline: The domestic production of refrigerators and washing machines grew while that of TVs fell in the first four months of the current fiscal year (March 21-July 22), latest data published by the Ministry of Industries, Mining and Trade show.
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49% Rise in Meat Production Despite Decline in Demand
EghtesadOnline: A total of 53,883 tons of red meat were produced in official slaughterhouses during the month ending July 22 to register a 49% rise compared with the similar month of last year.
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Oil Jumps as Storm Approaches Gulf of Mexico Production Hub
EghtesadOnline: Oil costs rose on Friday on worries about disruptions, as power corporations started shutting in production within the Gulf of Mexico in view of a possible hurricane forecast to hit by the weekend.
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Cement Production Capacity Reaches 88m Tons
EghtesadOnline: According to the latest figures by the Ministry of Industries, Mining and Trade, the nominal production of cement in Iran stood at 88 million tons in the fiscal 2020-21.
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Rice Production to Decline Due to Low Precipitation
EghtesadOnline: Atotal of 2.9 million tons of rice were produced in Iran during the last fiscal year (March 2020-21), but due to the 40% fall in precipitation, a decline in yields is predicted this year, according to the Agriculture Ministry’s director general of Grains and Essential Goods Department.
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35% Rise in Television Production
EghtesadOnline: Atotal of 450,000 television sets were produced in Iran during the first three months of the current Iranian year (March 21-June 21), showing a 35% rise compared with the similar period of last year, according to the secretary of Audiovisual Device Producers Association.
