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Saffron market volatility caused by speculators

 

According to the Department surfing Young Journalists Club, the lifting of sanctions, Iran will have the opportunity to re-take the saffron market.And the global market from emerging competitors such as Afghanistan and even Spain that the absence of red gold market have taken the best interest empty.

In the meantime, there are problems in the way of export saffron to discuss, including branding, market volatility there to do Dalal.

In this regard, M. EHTESHAM related to the production and export of saffron said already picked up in cities across the country including Khorasan And until harvest time accurate statistics of the harvest this year but is expected to be announced Due to the increase in saffron cultivation is producing more product than last year.

He said the saffron harvest in different cities of Iran said that currently more than 90 thousand hectares of land under cultivation of this plant is valuable That in many countries, including Khorasan, Golestan, Yazd, Kashan is widely being picked up.

Chairman of Saffron Exporters Association said Iran ranks first in the production and export of saffron in the past year said Iranian saffron in the world comes first And ranked first in the world for years that Iran’s saffron exports is awarded.

One of the problems in the export of saffron branding debate and said: At present, Iranian saffron is exported to European and American countries But no known brands in the world rankings, which led to a drop in the export of saffron.

Saffron Saffron Exporters Association president set prices based on supply and demand and said: Approximate price between 5 million and 6 million Kg of saffron in the market offered And the export price of the product, taking into account the external costs 10% higher than the domestic price.

EHTESHAM market volatility as a contributing factor in the price of saffron, he said: speculators beginning of the harvest goes to the farmers And the suffering of purchasing their low prices and high prices on the market in the following months and in the meantime, farmers suffer the most harm.

Along with market volatility Another problem saffron production and trafficking of saffron bulbs to Afghanistan in recent times and said The measures were taken to stop smuggling of saffron bulbs to Afghanistan, while If repeated that it eclipsed the lights and stoves saffron exports, and this led to a drop in export saffron Iran will rank.

Chairman of Saffron Exporters Association said at the end: farmers at the beginning of the harvest season to dealers to refrain from selling their product at a lower price And a product with a reliable and reasonably priced to sell its value centers to be affected.