Back red gold on the circuit 7 million!

Back red gold on the circuit 7 million!

President of the Export Development Fund saffron crocus price volatility 40% in the domestic market over the past year and said: this year more than seven million dollars per kilogram of saffron, which is now reduced to 6.8 million USD.

Ali Shariati Moghaddam in an interview with ISNA, said: Saffron is among the most sensitive agricultural products, which has a high influence of environmental factors and climate and drought and heat during the growing season caused about 30 percent to about 70 tons of Saffron production will be reduced.

He added that since the Iranian suppliers and more than 95 percent of the world’s saffron production and market the product exclusively in the hands of Iran, the lack of production in the domestic market and for export saffron to the extent it can be effective.

Chairman of Saffron Export Development Fund, referring to swing about 40 percent of the price of saffron last year, said the price per kilo of saffron at the beginning of last season was 4.5 million USD to 5.5 million USD and then the first few months of this year to more than reached seven million dollars. Of course, now 6.5 to 6.8 million dollars per kilogram of saffron has fallen.

Shariati Moghaddam said that the psychological atmosphere that speculators in the market to create a product shortage will affect the price of saffron has been said to be close to that of saffron harvest season begins in November, it predicted that Buyit gets.

whereas lack of attention to the economic output of about 600 thousand people in deprived areas that saffron is closed, with the risks.

He added that since the Iranian suppliers and more than 95 percent of the world’s saffron production and market the product exclusively in the hands of Iran, the lack of production in the domestic market and for export saffron to the extent it can be effective.