Dealers are the main cause of instability in the saffron market
A member of Saffron National Council said: “In recent days there has been a whispering of the increase in the price of 1 million saffron, which, given the bubble nature of this increase, is not buying and selling at this price in the market.
Ali Saezani, a member of Saffron National Council, said about the latest price of saffron in the market. In recent days, there has been a whisper of a one-millionth increase in the price of saffron, which, given the bubble nature of this increase, is not buying and selling at this price in the market.
He added that some of the benefits are to inflamm the market and test the prices of non-medical practices in the country, which, unfortunately, is not in the interest of the future of the country’s saffron.
A member of the Saffron National Council said: “We should not think that, since 90 percent of the world’s saffron is in the hands of Iran, competitors will be asleep. They should be aware that they can seize export markets using the instability of the saffron market.
Hosseini said that speculators, who are 100 percent responsible for the volatility of the market, said that brokers who dipped saffron in their homes would cause inflammation in the market for this national product at a time of proportion.
He added: “We are the largest Iranian saffron producer in the world, and no competitor can compete with Iran’s saffron prices, but creating an inflammation in the market can be detrimental to the export of this product.
Get Social