Pre-sale of Saffron on Iranian saffron boutiques
Farmers can, if they so wish, sell their product as a predecessor to the product, and this possibility is now available in the stock exchange mechanism; the market development program in this area is one of the most important commodity supply priorities that will be implemented by the end of the year. . According to Iran’s Commodity Exchange, Iran’s saffron market is based on retail, and for many years Iranian supply of saffron has faced many problems in the world market. Due to the lack of integration and export of the flare, Iran has not been able to place Establishing itself on the global saffron market.
In addition, microfinance farmers in saffron in Iran have not yet been able to enjoy the benefits of selling their products at affordable prices due to the presence of intermediaries. Since last year, while Iran’s stock exchange has managed to market the supply and demand of this product in the country, it has launched a certificate of payment for saffron, which is based on the standards of saffron supplied on the stock exchange, which is in line with internationally recognized standards, that this valuable Iranian product can be stored in molds It is better for world markets and the supply of saffron in the exporter’s hall of Iran’s stock exchange can lead Iran’s saffron price leadership in global markets.
Certainly, with the launch of certificates of deposit of goods for saffron, the liquidity of this product will increase for farmers, and farmers will be able to use the bills as a backbone of the facility by selling their product to stock exchanges and receiving a bills of exchange. Managing director of Iran’s stock exchange on the plans of this complex on the supply of agricultural products, including saffron, and the development of financial instruments related to them in this market, said in a discussion with Bussineson: “We plan to increase the number of crop stores to increase farmers’ Wisdom also sells its products to warehouses and markets them on the basis of competition. It also points to the issue of guaranteed prices for the supply of other agricultural products, including maize and barley: according to planning, and with the experience By implementing a guaranteed price offer on the supply of products Xie including corn and barley, we intend to supply rice in the framework of this project on the Commodity Exchange action.
“We can have certain figures of the amount of production and import of a product that is surrounded by precise monitoring of the sale of that product, and it is necessary that the supply is carried out,” said the official responsible for the import of rice noodles and the possibility of adjusting the supply and demand trends in the country. It is clear from a channel that, if this is done through stock exchanges, a large database is created to provide a better basis for market monitoring and engineering, and it is clearly determined how much domestic production exists, as well as the overall market demand and import It will be evaluated. At the end of his speech, Sultaninejad conveyed the strategic goal of the Iranian stock market and emphasized: “Our strategic goal is to become the reference point in the key products of the country, especially agricultural products, over the next few years, and to achieve this goal.” The development of the derivative market.
source: donya-e-eqtesad /com
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