The main factor in instability in the saffron market
Brokers, the main cause of instability in the saffron market, a member of the National Saffron Council said:
In recent days, there has been a whisper of an increase in the price of one million saffron. Due to the bubble-like nature of this increase, there is no buying and selling at this price in the market.
Regarding the latest situation of saffron prices in the market,
Ali Hosseini noted that in recent days,
there has been a whisper of an increase in the price of one million saffron,
which because of the bubble-like nature of this increase,
can not be offered and bought at this price in the marketplace.
A member of the National Saffron Council said:
It should not be assumed that,
because 90% of the world’s saffron is in the hands of Iran,
competitors will be asleep.
It should be known that they can seize the target export markets by using the instability of the saffron market.
Hosseini Babian said that brokers are the cause of 100% instability in the market:
Brokers who have stored saffron in homes will cause inflammation in the market of this national product at the right time.
He added:
We are the largest producer of saffron in the world, and no competitor can compete with the price of Iranian saffron,
but creating inflammation in the market can be to the detriment of exports of this product.The main factor in instability in the saffron market , Increase in saffron
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