Iranian’s Saffron market have been affecting by two main serious factors for last Iranian month(ordibehsht) Which equal (23April to 23 May):
1)Political events
2)Covid-19
Political events: Iranian economic system is influenced by two most important events:1) Iranian presidential election(will hold 18 June) and Iranian talk to 5+1 countries for a Nuclear deal. In fact, this situation cause that Local consumer and business companies to hardly make decisions to buy and invest. Also, they feel an unclear economic future for their own.
Covid-19 pandemic: The fourth Coronavirus pick has been starting since 3th April month which causes most of business to be closed for nearly 20 days, impacting local demand for all products and services.
Finally, These facts make extremely economic downturn in the Iranian Saffron market experience very mild and relaxed conditions. Also, prices fluctuate just %1 or %2(One or two present) up and down.
In conclusion, we believe this situation makes it attractive to buy Iranian’s Saffron for all suppliers in the world.
If you are interested to know our latest price for our products and services, don’t hesitate and inform us.
