Hoarding reached saffron
Ali Hosseini, a member of the National Saffron Council, believes that some people have jaded over the months after storing saffron in warehouses and selling the product at the desired market rates.
Ali Hosseini, a member of the National Saffron Council in a conversation about the latest state of the gold bullion market, said: “Given the fact that only two months have passed since the beginning of the harvest season, there is not much saffron available for supply on the market.”
He said the saffron had been picked up since the beginning of the harvest, and said: “Although saffron is not an unlimited product, so in the next two months, the remaining saffron in the warehouses should be absorbed into the market.”
According to Hosseini, some profitable people, after several months of storing saffron in warehouses, intend to sell the goods in the market in order to make huge profits, while in spite of the misconception of these people, the amount of saffron consumption is limited and Its long-term maintenance in the warehouses results in loss of quality and aroma of this product.
The official announced the price of sales per kilogram of saffron by farmers at 5-5 million and 300 thousand tomans and said: Considering the significant amount of saffron is provided to the rural cooperative organization and opportunistic people, these dealers are offering the product to The price of 8 to 9 million tomans is intended to market.
He predicted the market for saffron in the coming days and said: Currently, foreign buyers are buying at their own expense, because until the new supply to the market is only two months left, exports are expected to be picked up by The downside.
Hosseini continued: Given that keeping saffron in warehouses leads to a decrease in the quality of the product, it is advised to avoid buying saffron at an arbitrary rate in order to keep saffron in storage.
The member of Saffron National Council on the latest state of export of saffron said: Since the beginning of the year, the export of saffron has been decreasing in terms of volumes and prices, as foreign buyers by observing the domestic markets and the equalization of exchange rates and rials constantly lower prices in the market. While the real value of the money generated from exports is lower than the rate of the declared rate of customs statistics.
In the end, he stated: According to the customs export statistics, the rate per kilogram of saffron is $ 1,400, while in some cases the real rate of sales was less than $ 1,000.
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