This article was automatically translated from HIBAPRESS, the Arabic version:
This article was automatically translated from Hibapress, the Arabic version:
Heba Press – Economy
The coal markets in the different cities of the kingdom witness unprecedented stagnation, after the royal decision to cancel the ritual of Eid Al -A for this year, because of the difficult situation in which the national herd crosses and the repercussions of the economic and climatic crisis.
Usually, Eid Al -Adha is a golden season for coal merchants, because the percentage of demand increases considerably due to the use of coal in barbecue operations, which generates significant profits that compensate for the recession of the rest of the year, but this year, the winds came as this ships this occasion.
Despite the economic losses suffered by the coal merchants, many of them have expressed their support for the royal decision, considering that “the health of the citizen and the stability of the fatherland are a priority which is compared to any commercial interest”.
They stressed that the challenges faced by Morocco, the weakness of the national herd and the high cost of food, the climate crisis that exhausted agriculture and the economy imposes exceptional solutions, even if it is at the expense of certain commercial seasons.
Some coal merchants have considered that this year can suffer losses due to the failure of citizens to buy coal, but because of the decision, everyone has to understand only difficult circumstances and to keep pace with a responsible national spirit.
Currently, market activity is limited to responding to the requests of certain restaurants, cafes and concerts, which are categories that cannot be offset by the great demand that the markets have known during Eid Al -Adha.
While professionals are waiting to improve the situation in the future, hope is still signed by government interventions in support of this sector, which, despite its season, remains a basic source of livelihoods for thousands of Moroccan families.
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