Why do prices rise and fall of saffron?
The head of Khorasan Razavi Saffron Exporters Association said the lack of liquidity often reduces from 150 to 200 dollars per kilogram of saffron in price, and that price volatility is the biggest problem that does not allow favorable to exporters.
GH die in an interview with Iranian Students News Agency (ISNA), Khorasan region, said: insufficient cash flow to reduce the price of saffron exporters, but may return after 10 days of the proceeds from exports and increased liquidity saffron’s price up .
He said: Despite the slippage, exporters can have long-term contract prices, at least one week and with this account because the funds can be competitive against foreign suppliers.
Miri said exports in the first four months of this year, an increase of 35 percent global market-we need to continue this process. In the first four months of this year, 43 tons of saffron worth $ 61 million were exported to other countries of Khorasan Razavi province.
He pointed out that the export of saffron in four months of this year compared to the same period last year, by weight, 35% and 32% growth in terms of value have been.
to pay 12% were punished.
Saffron Exporters Union Chairman stated that the current capacity of saffron is desirable in the export sector, added: However, weaknesses continue to exist, including the possession of small amounts of cash to exporters pointed out.
and high quotes.
Miri said that in the past, the prize was given to exporters to pay an aid shipment, said the current request, but we do not export award for selling more saffron need to have prompt global marketing.
He said Iran saffron prestigious brands in the world and despite being the world’s first producers of saffron, saffron market Europe is in Spain. Should get a larger share of this market and we have applied this requires adequate protection of exporters.
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