Launching a saffron futures contract with a new maturity Negin saffron futures contract will be launched on the Iran Commodity Exchange in July this year. The contract will be tradable until July 25, 2019. Saffron futures contract started on the first trading day, with no price fluctuation limit with the pre-opening period for 30 minutes at [...]
Launching a new agreement on Saffron Future contract of saffron on the first day of trading, without the price fluctuation of the pre-opening period for 30 minutes at the beginning of the trading session, begins after the one-price auction at 10:30 pm with the normal trading period and the daily fluctuation limit applies. The base price [...]
Iran to be the price point for saffron? Iran is the first saffron producer in the world, alone producing about 90 percent of the world's saffron, but this monopoly in production has not been able to make a difference in pricing. For many years, Iranian saffron goes in different ways to Spain and is packaged there, [...]
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