The stability of saffron rates in the market
Ali Hosseini, member of Saffron National Council, announced the relative stability of saffron prices in the market and said: Since the beginning of the harvest season, the price of saffron has not fluctuated in the market, which farmers have no problem with.
He added that with the re-supply of saffron on the stock exchange and the process of brokerage, the price of saffron is facing fluctuations in the market, which is not in the interest of the future market of this product is strategic.
Hosseini continued: “Given the benefits of the cost of saffron, farmers do not go to the pockets, and only some dealers and brokers benefit from this, which would end up at the expense of national production.
A member of the Saffron National Council, pointing out that the supply of saffron on the stock exchange costs a lot, said: According to reports, last year 320 billion tomans of saffron were bought from farmers, 12 percent of which was lost as a storage cost.
At the beginning of the harvest season, the dealers bought each kilogram of fresh flower of saffron at a rate of 60 to 70 thousand tomans from farmers, which means that speculators paid 6 to 7 million USD for each kilogram of saffron, The product on the stock exchange earns windfall profits from speculators.
The member of the National Assembly finally stated: “If there is no interference in the market of saffron, current prices in the market will continue to exist, otherwise prices will increase.
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