8 February 2017 - 21:16
Saffron exports up by 37%

TEHRAN, Feb. 08 (MNA) – An official said the volume of Iran’s saffron exports rose by 37 per cent in the first eight months of Iranian calendar year (began March 21, 2016) as compared with the corresponding period a year ago.

Deputy Head of Iran's Union of Sellers and Exporters of Saffron Gholamreza Miri described saffron market conditions as stagnant saying “exports of the product are being carried out as usual though Iran Customs Administration (IRICA) has not yet announced relevant statistics for the past two months.”

He went on to state that in the eight-month period nearly 78 tons of saffron were deployed to destination markets, a figure which indicates a 37% rise in comparison with the similar period last year.

Miri also reported that saffron prices had dropped by one or two per cent saying “the price for each kilogram of the one type has declined by about 30 per cent and is being traded at a minimum of 1,359 and a maximum of 1,729 US dollars.

He further pointed to the production statistics of the product in the meantime explaining various figures have been announced in this regard as they range from 310 to 360 tons.

HA/3900723

News Code 123393

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