Iranian Saffron Market news

The price of Iranian saffron has increased  around %11 (Eleven percent) that is compared to the previous month( August to September) in the local market repeatedly.

Also, the value of this product has been growing around %34(thirty four percent) since six month months ago (March).

Main reasons cause this conditions in present and future of Saffron market divided to :1)drought 2) Serious increase in the cost of production inputs

In fact, Farmers have less motivate and maybe decrease in productions and cultivation compare to the previous year(2020)

On the other hand, other market situations send positive signals like,  guaranteed purchase of saffron from farmers by the government at %20 present (twenty percent) more than present value.

Then, the increase in the future purchase volume of saffron in Iran’s stock market has seen a %5(five percent) positive change in the saffron index of Negin saffron in the last few days.

At the end, The prospect of exporting Iranian saffron, which due to the process of vaccination and the reopening of businesses in the world, especially in the target destinations of Iranian saffron exports, leads to an increase in the demand for this product in the world markets.

As a result, we suggest you to contact with your suppliers of this product continuously  and increase the volume your order from your suppliers.