The link has been copied successfully

Seasonal Markets Platform

saudipedia Logo
Seasonal Markets Platform
article
2 min read

The Seasonal Markets Platform is a national electronic commercial platform launched by the National Center for Palms and Dates in partnership with the Royal Commission for alUla in 2023. It is dedicated to regulating and organizing the trade of dates in the markets, as well as improving and facilitating the commercial exchange of dates while documenting transactions for farmers, buyers, and intermediaries.

Objectives of the Seasonal Markets Platform

The Seasonal Markets Platform contributes to documenting and organizing contracting processes between parties—farmers, intermediaries, and buyers—with the aim of safeguarding their rights. It also enhances the credibility of date markets and supports their efficiency by monitoring market performance through the system, while actively promoting and attracting date trading activities in the markets.

Services of the Seasonal Markets Platform

The Seasonal Markets Platform offers a range of services for farmers, marketers, and buyers, including:

- Farmers: The Seasonal Markets Platform allows farmers to reach buyers, ensuring their financial rights and enabling them to track their transactions accurately and easily. It also provides an electronic system that helps farmers manage the sale of dates with high efficiency.

- Marketers: The Seasonal Markets Platform provides marketers with an integrated platform that facilitates the processes of selling and supplying dates, as well as efficiently contracting with farmers and buyers. It allows marketers to track contract details and manage all commercial activities within a unified platform, while also monitoring their financial transactions.

- Buyers: The Seasonal Markets Platform allows buyers to efficiently manage their purchasing operations through the electronic platform, while also safeguarding their rights as buyers.

Registration requirements for the Seasonal Markets Platform

The platform provides a comprehensive guide for registration, account creation, supply processes, and sales operations. Registration on the Seasonal Markets Platform requires completing the necessary information for marketers, farmers, and buyers as follows: Marketer registration requires the marketer’s name, national ID or residency number, commercial registration, and service provider license; "Farmer" registration requires the farmer’s name and national ID; and "Buyer" registration requires the buyer’s name and national ID or residency number.