The Rural Cooperative Organization is the world’s largest saffron trader

The Rural Cooperative Organization is the world’s largest saffron trader

The Deputy Minister of Jihad for Agriculture and the Managing Director of the Rural Cooperative Organization stated that the network and the Rural Cooperative Organization of Iran are the largest saffron traders in the world with a wave of more than 3 tons.
Hossein Shirzad stated in the meeting of the administrative council of Fars Rural Cooperative Organization:
Rural Cooperative Organization and Rural Cooperative Network in the last two years, It has crossed new boundaries.

He added:
Records set in bargain purchases in 2 products Or buy tomato support for close to 4,000 tons and 5,000 tons Agreed tomatoes this summer, as well as activities to buy saffron And it’s unique in its kind, as the saying goes.
The director general of the country’s rural cooperative organization said:
This cooperative organization was the first to succeed In the field of supportive purchases, buy saffron during the years 4 and 3 with a reasonable profit And accurate measurement resulting from stock market relations of 2 billion tomans of profit Add net to the organization’s balance sheet And also reduce the organization’s accumulated losses by 3%.

In another part of his speech, Shirzad stated that the capital of the organization thirty years ago was about 2 million Tomans And there was no partnership in the capital increase ceremony yet, he said. Naturally, everyone can enter an organization with this amount of capital.
Therefore, we evaluated how the non-aligned privatization organization was formed And irresponsible who sells infrastructure, Let’s get rid of it and in this regard, with the cooperation of the network, Our registered capital in increasing ceremonies has now reached 2 billion tomans And it’s natural that no one would simply turn to a billion-dollar organization.

What we have is due to the network’s efforts, he said: IsnaNews
If the historical heritage is to be inherited, it must reach the network itself, and so on.

The Deputy Minister of Jihad for Agriculture stated that for the first time we have entered modern markets and stock exchange mechanisms:
Dry milk, dates, saffron in 3 grades according to international standards And recently, bulk paste has entered the stock market.

According to Shirzad,  The Rural Cooperative Organization is currently listed on the Agricultural Commodity Exchange And from the perspective of market actors and professional market leaders, the stock market is monitored.

He also clarified that the Iranian Rural Cooperative Organization And the network under the auspices of this organization is the largest source of saffron pricing in the world, he said:
Iran’s saffron market is not without owners And now there are 2 to 3 families in this market.

The CEO of the Rural Cooperative Organization of Iran continued:
When we enter the credit market as a credit, like saffron While this market share is showing that our network power is high.

Shirzad reminded that the Iranian Rural Cooperative Organization is the only organization One of the best records in the last 5 years has been in setting Eid fruit, he said:
This year, we will be with the Ministry of Silence as a partner.

He also spoke about equity:
This has always been subject to successive systematic and non-systematic risks But today, with the increase in capital that has been given, No need for collateral, checks or real estate.

The Deputy Minister of Jihad for Agriculture stated:
The Rural Cooperative Organization has so much power and value Its shares are backed by union and network market transactions.

Shirzad stated that more than 2% of the shares of the relevant organization belong to the network. He stressed that we must work hard To leave unnecessary entries in the organization and increase this share And, of course, in a smooth and secure transition, the network can achieve its historical demand.