Iranian Saffron Bazaar will be launched 1 week later
According to Hamid Soltani Nezhad, the media reported that farmers can sell their saffron in Borzkala by shipping their products to the standard warehouse of the Rural Cooperative Organization.
He said the preparations were being made and these transactions will start on February 24th, indicating that coordination is needed in this regard.
Director General Boreskala commented on the mechanism for trading saffron in Boreskala, saying that the products produced for the issue of a quality certificate are deposited in a laboratory in Mashhad, which determines and approves the standard of the product, after which the stock for the product deposited in the warehouse And the producer can sell bills of lading or certificates of deposit for saffron in Borzkala.
According to the Stock Exchange of Iran, Soltani Nezhad said: Generally, large producers and traders can buy saffron in this way.
Sultaninejad said that in the first step, the Rural Cooperative Cooperative will be considered as one of the main activists of the saffron stock exchange and will take part of the deals, saying that the task of determining the quality standard of the product will be under the control of the Rural Cooperative Organization.
Managing director of the Commodity Exchange in response to the question of whether saffron will be offered to export markets? He said the plan is to provide Iranian exports of Iranian saffron to other world markets through the mechanisms of Burskala.
He emphasized: in the first step, we should familiarize domestic market participants with the way of exchanging in Boreskala, and then provide the conditions for the sale of certificates of deposit in order to sell saffron in foreign markets. He also commented on the experience of other countries in selling saffron through a deposit certificate, saying Iran as the main pillar of producing saffron is the only country that will do this.
He also commented on the establishment of the pistachio stock exchange: “We are preparing pistachio operations in Boreskala for the implementation of operations, but pistachio transactions will definitely begin at Boreskala by the end of the year.”
Director General Boreskala said about the supply of other products in Boreskala, saying that the supply of agricultural products next year depends on the government’s view, but what is certain is that next year corn and oats will be traded in Boreskala and we will remain in the wheat field as well.
Before the director of the stock exchange, saying that Iran is the largest saffron producer, Saffron deposit has been announced by the end of the decade.
The market for saffron in our country is based on retail and must be coherent and meet the standards of the day to deliver saffron products in better formats to world markets.
Launching a saffron stock offers the liquidity of this product to farmers, and farmers can use the plaque as a backbone by offering their product to stock exchanges and receiving bills of lading.
Farmers can sell their product at any time, and we can also provide special facilities for exporting saffron.
Farmers can pre-sell the product in the form of long-term supplies to the stock market and we can play a role in determining global prices.
source: iribnews /ir
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