enter of saffron into stock exchange is not fruitful

enter of saffron into stock exchange is not fruitful

Ali Hosseini, a member of the Saffron National Council, said in an interview with the reporter of the industry, trade and agriculture group of the young journalists’ club, pointing out that the current conditions are relative stability and relaxation on the market, he said: At present, the minimum price per kilo of red gold 4,600 and up to 5,500,000 toomans, down from 500,000 toomans in the last month.

In response to the question of saffron with false price bubbles, he added: “In the current situation, prices are reasonably priced, which seems to be possible in the absence of a buyer, a reduction of 300 thousand tomans.”

Referring to the state of supply of saffron on the stock exchange, Hossein said: “The supply of saffron on the stock exchange does not include the petty farmers, and only because of the stock exchange, this market is being offered by traders and traders who, due to the possibility of a shock to the market, can not be A bright future for the Iranian red gold market.

According to him, if the goal of supplying saffron on the stock exchange is to help farmers, it is obvious that the launch of a saffron stock can be effective.

Member of Saffron National Council on Saffron Production Statement: Despite the fact that two weeks after harvesting, the Ministry of Agricultural Jihad as the trustee should have accurate production figures from producers and traders, but it should be said that despite the passage of several months The season for producing conflicting statistics is heard.

He said that the export of saffron has been slower than in recent months, saying that it has already fallen due to fluctuations in the exchange rate and the fact that foreign buyers made major purchases at the beginning of the season.

source: yjc /ir