Hoarding reached saffron

Hoarding reached saffron

Hosseini said some profitable people are tired of buying and selling saffron at market rates.

Ali Hosseini, member of saffron National Council of Iran, on the recent state of the saffron market, said: "Since there are only two months left until the beginning of the harvest season, there is not much saffron available for supply on the market."

 He said, "Although saffron is not a commodity of limited duration, so the next two months, the remaining saffron in the warehouses should attract the saffron market," he said.

According to Hosseini, some profitable people, after several months of storing saffron in warehouses, intend to sell goods on the market in order to make huge profits, while in spite of the misconception of these people, the amount of saffron consumption is limited and Its long-term storage in the warehouses results in loss of quality and aroma of this product.

The official announced the price of sales per kilogram of saffron by farmers at 5-5 million and 300 thousand tomans and said: Considering the significant amount of saffron is provided to the rural cooperative organization and opportunists, these dealers are selling saffron to The price of 8 to 9 million tomans is intended to market.

He predicted the market for saffron in the coming days and said: Currently, saffron buyer saffron abroad is saffron at their own expense. It is only two months left until the launch of the market, however, it is expected that the export of saffron will face a declining trend until the harvest season.

Hosseini continued: Given that keeping saffron in warehouses leads to a decrease in the quality of the product, it is advisable for people not to sell saffron at an arbitrary rate to keep export saffron in stock.

The member of saffron National Council on the latest state of export of saffron said: Since the beginning of the year, the Export of saffron has been decreasing in terms of volumes and prices, as foreign buyers are constantly reducing prices on the market by observing the domestic markets and equality of exchange rates and rials. While the real value of the money earned from the Export of saffron is less than the rate of the declared rate of customs statistics.

In the end, he stated: According to the customs export statistics, the rate per kilogram of saffron was $ 1,400, while in some cases the real selling rate was less than $ 1,000.