Insurance of saffron prices even in the harvest season

Hassan Rezaeipour commented on the effect of Iran’s stock exchange on setting up an option contract for saffron since March 12th:”Launching options for saffron along with continuous and continuous training can provide more support for saffron growers and boost the trading of this prodct In this case, the way to launch opt-in options for other agricultural products also opens up.
He added: Option contracts in the capital market is a new tool that needs information, culture and education, so that the success rate of this contract is similar to the options of the coin and even the securities, which is training, which is the task of the stock exchange, the stock exchange Goods and brokers.
Rezaei Pour stated that Saffron Opportunity training courses were held and he said: “Now, in order to familiarize all market participants with the functions of Saffron Option Options, several workshops have been held in Mashhad and Tehran by the stock exchange, and farmers and brokers The deals of this contract are familiar.
“If we want to expand the use of these types of deals among farmers, we need to continue the process of information and education,” he said. With these interpretations, perhaps in the first stage, there is not much to be expected from the farmers ‘opt-in options for saffron, but as a matter of course, after familiarizing them with the operation of these contracts, as the deposit certificate is one of the farmers’ demands, the option can also be one The tools used will turn them into.
According to him, farmers can insure the price and sale of their products in the future by entering into stock options and buying contracts of “sale options”, which would save the farmers even from falling saffron prices during the harvest season. It will be a charming event for them.
Rezaei Pour continued to comment on the price of saffron through the Iranian stock exchange and said: Iran’s stock exchange is currently the reference point for determining the price of saffron, so that many merchants who traded in cash also comment on the board. Therefore, it can be claimed that the price of the stock corresponds to the cash market of saffron, and the stock exchange has been accepted by traders as the official pricing authority for saffron, which we hope will continue to support and boost most of the trades to achieve the pulp of the global price of saffron through Iran Stock Exchange.