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Is the Iranian saffron market promising?

Shariati Moghaddam:
The increase in saffron exports compared to other agricultural products indicates an increase in private sector investment in this area and has a positive outlook for the saffron market in the near future.

According to most experts in the field of goods and agricultural products, trade and use of saffron in the commodity exchange is moving forward and this positive horizon is taking a firm step in this direction, including branding and added value. Be strengthened.

The head of the Agriculture and Water Commission of the Krasan Razabi Chamber of Commerce said in this regard:
Receiving these transactions shows the relative success of this sector in terms of trade and the use of saffron in the commodity exchange, which I explained.
Although these transactions have affected the physical market to some extent,
the saffron futures market is a kind of stock exchange and does not directly support saffron producers.

Shariati Moghaddam added:
the physical part of the deposit certificates traded in the commodity exchange can be more important for saffron producers.
In particular, production is expected to increase in the next few years,
so it may be possible to provide the liquidity needed to produce saffron by storing this product in the future or in real transactions.

He added: It seems that saffron deposit certificate is a better way to trade this product.
In this way, producers have the opportunity to offer and sell goods at a specific price in a transparent process.
We encourage you to speed up activities such as testing so you can see trades faster.

Saffron market expert considered the storage conditions of saffron
in Bruscala to be more suitable than the existing warehouses in the village and added: Production – Product.

Shariati also actively assessed the situation of saffron experts in the commodity exchange and said:
There have been many problems in this field in the past, so the products related to the relevant codes in the exchanges do not match well.
However, this issue has gone through a positive and corrective process and the faculty seems to be witnessing continuous improvement.

The head of the Agricultural Water Commission of the Razan Chamber of Commerce, Razabi, said:
Seeing better competition and more professional work in this market, because more intermediaries have professional jobs and can accept saffron.

He also emphasized on creating saffron added value for the development of the market of this product and stated:
Maybe buying and selling saffron in the commodity exchange and the current trend of this market has not helped the added value of saffron.