saffron certificatessaffron certificates : Do Not Let the Global Saffron Market Slip Away

saffron certificates : At a recent meeting held by the Agricultural Commission of Iran Chamber, attended by representatives of the parliament and the Deputy Minister of Agriculture, strategies for enhancing saffron exports were discussed. Mohammad Ali Rezaei, head of the Agricultural Commission, emphasized that price management should sustain market appeal to avoid losing international markets, much like pistachios. Iran has the potential to expand saffron exports, requiring better market coordination and management.

Integrating Saffron Certificates into the Capital Market

saffron certificates : According to Mohsen Zanganeh, a parliament member, introducing saffron certificates in the capital market can support farmers and accurately value saffron. This initiative is expected to boost exports and promote investment in saffron processing. The process benefits farmers, exporters, and investment funds, making the saffron market more sustainable and profitable for all participants.

saffron certificates : Encouraging Investor Participation

Zanganeh highlighted the importance of raising public awareness about the saffron certificate initiative, stating it can stabilize prices during harvesting seasons when market turbulence is common. Unified action from all sectors involved is vital for long-term success.

Making the Saffron Market Competitive

saffron certificates : Capital market expert Hossein Abdeh Tabrizi stressed the need for competition in saffron trading. Overcoming monopolistic practices could increase efficiency and promote fair trade. Additionally, price stabilization mechanisms through market supervision are crucial for building a resilient saffron market.

Modernizing Saffron Storage and Quality Assurance

Frashid Shokrokhodaei, head of the Investment Commission, proposed innovative solutions, such as introducing quality assurance insurance and delegating storage to third parties. These measures aim to preserve the authenticity of saffron and attract more funds to this lucrative market.

Iran’s Leading Role in Global Saffron Production

With 80% of global saffron produced in Iran, the country should play a pivotal role in price determination. Despite producing over 300 tons annually, Iran has yet to claim its rightful position in the global saffron market due to inadequate marketing strategies.

Capital Market’s Role in Enhancing Saffron’s Potential

Encouraging investments in saffron processing could significantly increase the market’s profitability. Saffron’s liquidity in the capital market, along with transparent pricing, can draw investors, improve farming conditions, and expand Iran’s share in international trade.

Conclusion

saffron certificates : Utilizing the capital market’s potential can transform Iran’s saffron industry, securing its global dominance. By prioritizing transparency, competition, and modern practices, Iran can achieve a sustainable saffron market benefiting all stakeholders.