Director of Agriculture at a meeting with managers and brokers also think the commodity exchange traded commodity exchange called for saffron.
According to the Iranian Students News Agency (ISNA), Hassan Khadangi – Director General Bureau of vegetable, ornamental and medicinal plants Ministry of Agriculture – in the meeting said that the ministry is trying Saffron transactions done through the Agricultural Commodity Exchange, said:Considering the potential of saffron and uniqueness of the product, the ministry has long been considered the supply of the product through the Commodity Exchange provides.
He explained: saffron as one of the strategic agricultural products cultivated area of 78 hectares and produce over 261 tons, more than 92 percent of the world’s saffron is the first place And in 91 years, with exports to more than 139 saffron, exchange technology equivalent of 419 million dollars for the country.
Khadangi stressed the importance of preserving this valuable product in the national economy and international standing Saffron, said Iran Mercantile Exchange will undoubtedly be a suitable and logical and transparent for sale Make sure the goods at the national and international arena. If the price of the product through the mechanism of supply and demand to be determined in the context of commodity exchange, without doubt, the real price will be too high and the benefits to growers and suppliers. As well as saffron is traded on the Commodity Exchange surely will weigh in promoting exports.
He added that the need for information and awareness and create incentives to encourage suppliers, buyers and brokers To make the saffron trading on commodity exchanges agricultural development is essential.
Mohammad Reza sacred – gardening please Agriculture Organization of Khorasan Razavi – the other meeting participants emphasized that national and international transactions saffron should be done through the Iran Mercantile Exchange, said:
Given the emergence of new trade competitors outside in addition to old rivals, saffron price volatility and sharp price fluctuations, the existence of similar products with the name of Iranian saffron, traders and exporters of unhealthy competition, lack of genetic registered competitors, especially foreign-produced saffron and lack of international brand Iran needs to quickly called saffron in Iran Mercantile exchange started trading.
Gardening please Agriculture Organization of Khorasan Razavi said we can not export more than a billion dollars. But the realization of this goal requires an increase in yield and production of saffron in the planning and organizing domestic and overseas market this product through the exchange.
Sacred pointed out that competitors such as China and Afghanistan with lower production costs, potential danger of Iranian saffron is considered to be in the next few years. The rising cost of production of saffron to show more interest, if it does not adopt a principled strategy, the future is likely to trade saffron.
Gardening please Agriculture Organization of Khorasan Razavi said Iran produces 92 percent of the world’s saffron should take the pulse of the market and allow countries to decide their share is small.
He said according to WTO rules in every country where 58 percent of a particular product or brand industrial production and global market supply can have a right to international exchange and The production policy, experts Prices, marketing and system monitoring technology is world-class products.
Sacred continues to offer some of the most important necessities of saffron in Iran Mercantile Exchange, and explained that the standard of saffron production, price transparency, reduce the number of middlemen and dealers in some markets, prevent fraud in the trade of saffron, saffron branding Iran ,The centrality of global trade, investment and financial market development and the circulation of money in this cycle and reinforce rational and Improve the efficiency of product distribution network that is part of the benefits of saffron market can be won through commodity exchange.
He said the market should not forget that the transition from traditional to modern international market is difficult and time consuming, but have walked this path.
According to the report, at the end of the meeting it was decided that the coordination of Agriculture of Khorasan,Cultural activities to be conducted via the exchange of goods and suppliers of saffron organization to conduct its incentives available to help.
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