Will the price of saffron go higher in new year’s harvest?
During the recent meetings of vice presidents of agriculture and authorities of Iran chamber of commerce concerning new year’s harvest, it is expected to face a reduction in harvest just like last year. Thus considering the high demand for exported saffron and the need of inland markets, this reduction of harvest may cause some changes in the price of saffron.
Based on predicted situations, some experts believe that we definitely face an increase in price but some other think that considering last year’s 300% price increase of saffron there would be a set back in purchase, inland and overseas.
Yet if we face a increase of saffron price after the harvest there would surely be a new wave of low demand in inland and overseas markets, thus acknowledging this low demands on saffron after some time the price will go down a bit arriving at the same level as now.
The important fact here is that the reduction of harvest is a definite thing.
Now with this information in hand, the companies that planned on buying Iranian saffron should follow an strict and precise plan, organizing their orders and then purchasing the items at the right time.
Specially companies that are planning to purchase unique saffron such as Poushal Mancha saffron or Pressed Super Negin Plus, because these two items belong to the first harvest of saffron and supplier companies like us begin to separate the flowers to prepare this unique saffron(Poushal Mancha saffron or Pressed Super Negin Plus) based on the received orders.
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