Saffron market is transparent and competitive with entry into the stock exchange

Saffron market is transparent and competitive with entry into the stock exchange,the stock exchange,market Saffron,Saffron market

Ahmad Ali Tahmasebi, the deputy minister of agriculture, announced the current level of cultivation of saffron in the country more than 110 thousand hectares and said that an average of 5 thousand hectares will be added annually to the cultivation area of ​​saffron.
He reported the growth of saffron production over the same period last year and said: About 97,000 to 400,000 saffron was produced in the country from 97 to 96 years, which means that the average yield is 3.7 to 4 kilograms per hectare.
Tahmasebi, referring to the significant increase in exports of saffron compared to previous years, said that in 1996, 237 tonnes of saffron worth $ 325 million and 10 months of this year were issued 227 tonnes worth $ 295 million to target markets, While in 1992, the total exports of 122 tons worth $ 168 million.
Deputy Agriculture Minister of Agriculture, referring to the fact that 188 tons of saffron worth $ 260 million were exported in the past 10 months, added: “Statistics on saffron consumption in the first 10 months of this year show that exports amount to 21% and value 13.5% Has grown.
The Deputy Minister of Agriculture of the Ministry of Jihad-e-Agriculture on the supply of saffron in the stock exchange said: Given that the supply of saffron on the stock exchange has transparency of prices and transactions, hence the agents and authorities to use the mechanism of the exchange for the supply of saffron on the goods they do.
“Since the private sector has invested heavily in the process of processing, refrigerating and packaging of saffron, the contract is being implemented by the private sector, and it is the source of the huge movement that can be achieved by the saffron chain from the producer, the exporter And processor.
The deputy minister of agricultural Jihad announced the calm of the red gold market and said: Due to the supply of saffron on the stock exchange, price transparency and competitive markets have been created.
He states: “I do not have any knowledge of smuggling,” he said, while customs statistics show that exports in terms of weight and value Compared to the same period last year.
The official said that the exchange rate fluctuation and increase in output were a factor in the development of export of saffron and said that the exchange rate fluctuated as a free market mechanism in increasing exports.
Tahmasebi pointed out in the end: given that saffron is low-watered and exported, its price is based on the exchange rate and is cultivated in a small exploitation system, thus transforming it into a big business in recent years. Has been.