President of Exporters Association of Khorasan Razavi Saffron Crocus announced a price increase of 50 percent.
Gholam Reza Miri in an interview with the Economic Students News Agency (ISNA) – Khorasan region, referring to saffron prices increased 50 percent over the past two months, he said: Unfortunately, this increase was a decrease in exports and a slump in the domestic market.
He continued: speculators are the main cause of rising prices of saffron to create an atmosphere to product shortages and drought next year, cause this situation, and have earned a good income from this method.
Khorasan Razavi Saffron Exporters Union Chairman stressed that the increase of 50 percent compared with two percent of the price of saffron in countries where the target market saffron exports make up a significant percentage, said: The difference in price increase resulted in a dramatic reduction has been issued.
Miri said that saffron is also used as pharmaceutical products, said saffron is still not widely used for this purpose.
He pointed out that among some of the family of saffron is used as a luxury item and It is natural that this tends to increase the price of the product, buy it ignores and thus less Saffron purchased.
Going from a negative growth rate of saffron exports in July this year announced and added:Export this product in April this year compared to last year’s 29 percent and 41 percent positive growth in May, but Unfortunately, in June and July this year by 25 percent to 33 percent decline in exports compared to last year we faced.
Regarding the solution of this crisis management and control price increases saffron, noted: cutting off the hands of speculators from buying and selling this product the most effective way to improve the market situation.
Head of Khorasan Razavi Saffron Exporters Association said some people who lawfully pay to buy and sell this product have been identified by the Ministry of Finance and leisure over work is monitored.
He continued: Unfortunately brokers who buy different products and store them on the market in order to get their way,Do not recognized and because people can not regulate effectively in the marketplace step up and sometimes see his units are shut down.
Miri pointed out that Iran’s saffron exports as a national product ranks first with $ 300 million annually exchange technology, noted:This product is 800 thousand people working in the manufacturing sector and In fact, 130 thousand households due to their local weather situation no longer able to work through their livelihood.
His support, attention and calls for government investment in the industry saffron and continued to maneuver to avoid fluctuations in the price of saffron and prevent speculators in the market, the government should invest in this sector and capital put at the disposal of exporters and producers.
Miri said between 20 and 25 percent of saffron production in the country of consumption, and the rest in five continents and about 48 countries, among which are exported to UAE,Spain, China, Saudi Arabia and India’s greatest export.
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