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High increase in the price of saffron

Tasnim News Agency: The vice president of the Saffron National Council, referring to a 20% increase in the price of red gold, said farmers do not market their product from March 25 to April 20, and on the other hand, there is a demand for purchase, as a result of which this product becomes more expensive. .

Gholamreza Miri said in an interview with Tasnim News Agency, the price of saffron has risen by about 20 percent since March, 2006, and the price of this product has risen from about 3 million 900 to four million and 500 to four million and 700 dollars. .

By saying that every year we are faced with a rising price for red gold at any given time, Miri added: “Farmers do not sell their products from March 25 to April 20, and on the other hand there is demand for saffron, and as a result, It is expensive.

Referring to the fact that there are 125,000 saffron farmers in the country, he said: Each of these farmers produces two kilograms of red gold and sells some of their produce according to their needs and keeps the rest as a value added at home.

Miri added: “These farmers may need to sell their products for any reason and thus increase the supply of saffron.”

He added: “If this happens, the likelihood of a fall in saffron prices will increase.”

“Given that 80 percent of our produced saffron is exported, and currency exchange rates have a huge impact on it, and with the increase in exchange rates over this period, it’s likely that the price of red gold will not decrease,” Miri added.

He continued: if the price of saffron is to be released even if the price is not reduced, the acceleration of the price increase will be reduced.
According to the chairman of the union of saffron exporters and sellers, there are now about 83 thousand hectares of land planted with saffron bulbs.

source: tasnimnews /com