Saffron Kiloo 70 Million Rials

According to Mashreq, the president of the Saffron Exporters Association of Khorasan Razavi, pointed to the severe fluctuations in the market for saffron, said that over the past two months we saw a 50 percent increase in the price of saffron.

Gholamreza Mirie, pointing out that the saffron market is facing stagnation and price rises, said that due to the fluctuation of the market and the rise in prices, we are facing a decline in exports and domestic consumption.

He said the reason for the shortage of the product in the market, and consequently the increase in prices and the decrease in exports, was the speculation by saffron speculation and said: “We are currently facing a drop in 80% of the supply of saffron, and supply and demand are not matched.”

The current price for saffron is between 5 and 7 million tomans, saying: “The current trend for saffron is not logical, some people think this is in the interest of the farmer, but most brokers benefit.”

He said that fluctuations in the prices of saffron were at the expense of preserving export markets, saying that fluctuations in prices and supply make us lag behind our rivals and lose the export markets we have hardly lost as a result of mistrust of foreign businessmen.

Miri called the Saffron Bank the best way to prevent irregular fluctuations in the saffron market and said: “We have been pursuing the establishment of a saffron bank for many years, with the establishment of this bank saved some saffron all year round to prevent market fluctuations, and this The dealers’ handset is getting shorter from this market, but unfortunately, no action has been taken so far.
Source: Breeze

source: mashreghnews /ir