Calmness of Saffron Market in the Threshold of Nowruz 1397

Member of saffron national council said: current rate of saffron has become stable compared with recent weeks.

Afkar News reported: Ali Hosseini, member of saffron national council of Iran informed about stability rate of saffron in recent weeks of the year and said: right now the minimum price of each kilogram of red gold is 38,000,000 IRR and maximum price is 53,000,000 IRR.

According to him: current rate of saffron has become stable compared with recent weeks.

Hosseini predicted the saffron price in Nowruz days and added: in spite of increasing of the pilgrims and demands for buying saffron in Mashhad city, but the rate of this product won’t have special fluctuation because of expansion of supply.

Member of saffron national council referring to the latest export status of saffron said: due to some problems such as transferring money, the export process is slow, so expects of saffron exporters haven’t met.

He clarified: despite the problems faced saffron exportation, it is expected that these problems will solve in 1397 (Iranian Year), so we can have a word to say to target markets by increasing export to them.

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