Suspicions about lack of supply and price manipulation

Agadir 24 | Agadir24

This year, Eid al-Adha faces an unprecedented wave of high prices, which has caused concern and dissatisfaction among many citizens.

Livestock sellers believe that brokers and shenanigans are behind this aggravation, which will deepen the suffering of a wide segment of people during Eid.

Moreover, those interested in “consumption” expressed their disbelief at the results of the national herd numbering process, which showed the presence of 7 million heads of sheep and goats prepared for slaughter.

They questioned the validity of these numbers in light of the extreme prices sweeping livestock markets. Some suggest that the numbering process was not accurate, and that the actual supply of livestock is much less than what was announced.

Livestock sellers also point out that brokers and brokers played a major role in exacerbating the wave of high prices, pointing out that they monopolize livestock and sell them at high prices, which leads to an increase in their prices in the markets. They also practice speculation on prices, taking advantage of the approaching Eid al-Adha to raise them exaggeratedly.

Those concerned stressed that the excessive price in livestock markets will lead to the suffering of a wide segment of citizens, especially those with limited income, and many may be forced to borrow to buy the Eid ram, which increases the burden of their expenses. Some people may also be deprived of celebrating the Eid ritual entirely due to their inability. To buy the sacrifice.