The Advantages of the Green Presence of Iranian Saffron in Silver Hall
More than a year since the first sale of saffron on the stock exchange with the aim of securing the interests of producers and increasing the export capacity of this product. Iran, with 85 percent of world’s saffron produced, is standing in the first stage and could therefore be the source of international gold trading.
But in order to globalize these deals, there must be a transparent admission along with international standards. Meanwhile, in the world, local stock exchanges are now the only way to discover fair price, transparency, and reassurance. Therefore, the arrival of saffron to commodity exchange seems to be an important step towards increasing the share of Iran in global markets. For before that, the price of saffron in the country was subject to the speculators’ opinion, which had a lot of difference with world prices. But by offering and discovering the price of this valuable product in the stock exchange, it paved the way for the internationalization of saffron trade.
In this regard, the view of Afzali, representative of the South Khorasan in the Islamic Consultative Assembly and the Agricultural Commissioner, said: “The most important prerequisite for participation in the stock exchange is transparency, the supply of saffron on the stock exchange has pushed back unreliable and unsustainable deals for farmers. He said that, since before the presence of saffron on the stock exchange, there was little profit from saffron yields, since one of the benefits of commodity exchange is the resetting of speculators’ hands, the start of saffron deals on commodity exchanges shortens the production path to The consumption of red gold. Hence, by removing speculators, more and more farmers and saffron growers.
The representative of the South Khorasan also said that the globalization of the Red Gold business was as follows: “As long as we do not have the experience of trading in commodity exchanges, we can not claim that the peaks of global trade in transactions We will conquer saffron.
He also commented on the satisfaction of saffron farmers and cooperatives on the supply and sale of saffron on the Commodity Exchange and said: “At meetings with representatives of farmers in Khorasan province,
they expressed satisfaction with the presence of saffron on the stock exchange, the continuation of this Trends tended to be self-interested.
According to Afzali, the strong point of trading in saffron on the stock exchange, it is possible to pre-sell this product before harvesting through the future deals of saffron. In this way, the farmer will not risk any pre-sales of the product. Because in traditional mode, it was necessary to pre-sell the product beforehand, but with the presence of the stock exchange and the possibility of future trading, this risk was also left out of the way farmers. In general, trading in the market from both sides of the buyer and seller’s warranties is warranted, trading in this market will have the least risk for the parties to the transaction.
On the other hand, Ali Ebrahimi, a representative of the Markazi province and another member of the parliament’s agricultural committee, pointed out the benefits of the stock exchange to boost the production of saffron. One of the main functions of commodity exchanges is the fair price discovery based on supply and demand, and this is one of the advantages The main reason for entering goods is the stock exchange. Therefore, trading in saffron on the stock exchange has also led to the discovery of the actual price of this product. For before only the brokers and mediators were priced, and farmers did not have a role in discovering the price. But with the entry of saffron into commodity exchange, prices were formed on the basis of supply and demand that farmers also played.
“This is where Iran is the largest producer of red gold in the world, farmers and producers of saffron should be the key to determining the status and price of Iran’s saffron in the global market,” said the member of the Energy Commission of the Parliament, expressing his points on the presence of Iranian saffron in global stock exchanges. Hence, manufacturers with standardization and hygiene in the production of their products can, with the development of a modern model, observe customer’s rights on global markets, in which case buyers will welcome this product.
On the other hand, Ali Hosseini, producer and member of Saffron National Council, said: “If we want active presence of Iranian saffron in the world and international markets, we must provide infrastructure for this issue.” He identified one of these infrastructures as defining international standards for farmers to produce high-quality, competitive products.
As a result, with the help of the Exchange, the necessary premises have been created and a good opportunity is provided for saffron to be exported to Iran from a standard standard because the prices have been transparent and the farmer hopes that he can make his product with different conditions. And sell at fair and affordable prices.
This saffron producer also said that another step towards speeding up the international exchange of saffron was to raise the level of information on farmers’ livelihoods and said that for the more active presence of saffron farmers and producers on the stock exchange, Can be present on the stock exchange without intermediaries.
In the end, Hosseini said that, unlike other products such as pistachio, saffron merchants are limited in the world, we said that in Khorasan, with 90 percent of the country’s saffron production, we can claim that more than any other person in the world saffron is meat Touch your skin. Therefore, the experiences of our colleagues in this field can be effective in promoting the best practices of saffron in Iran and the world.
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