The price of saffron in the market is unpredictable
Gholamreza Miri, vice chairman of the National Council of Saffron, announced the stability of the red gold price in the market and said: At the moment, the minimum rate per kilogram of saffron is 6 million and 500 thousand and up to 11 million tomans, which did not change from previous weeks.
Referring to the fact that saffron exports are routine, he added: “In the current situation, the export of saffron is due to currency custody issues and the impossibility of returning the currency to Nima system with disposable and smuggled cards.
According to Miri, given the issuance of multiple letters and instructions and the exchange rate fluctuation, it is not possible to predict the price even for the next day.
The vice president of the National Saffron Council continued: According to the routine of previous years, the price of saffron in March was due to corporate financial issues and reduced exports, with a declining trend in the market, which is clearly evident this year due to household economic conditions and rising prices.
He criticized the lack of export statistics from customs, despite repeated requests to the customs to provide new export statistics, but so far, due to the change in customs tariffs for saffron and the lack of registration in the system, statistics since the end of December has not been announced yet Is.
According to the customs statistics, by the end of December, 125 tons of worth more than 250 million dollars worth of saffron have been exported to target markets, up 38 percent from the same period last year.
He raised the exchange rate and the price of saffron for foreign traders as the main reason for the growth of exports in the first six months of the year and said: Due to the difficulties of currency contracting and returning money to the system, part of the saffron is smuggled out of the country. It is not an official export figure, therefore, it is unlikely that the growth of export of saffron in the market will continue.
The official said in the final part of his remarks that the purchase of a saffron agreement had been stopped, saying that government officials said they would buy saffron agreement if the price of the product was lower than its intended rate, that is to say, Demand is not in line with each other, but in the current situation not only the price of saffron has not decreased, but a slight increase.
Get Social