Tehran, Iran, Jan. 4
Trend:
Iran’s saffron consumption has fallen due to the country’s economic situation, while its export was low during the New Year holidays.
“The saffron export was low during the New Year holidays, while domestic consumption of this commodity dropped,” said Deputy Head of the National Saffron Council Gholam Reza Miri, Trend reports citing Mehr News Agency.
The price of saffron was almost stable during past 20 days. Currently its minimum price per kilogram is $1,420 and the maximum price is $2,380.
“The price is not predictable, because everything depends on supply and demand. The domestic saffron market is stagnant in the last months.”
“The economic condition of people is not desirable, which is one of the reasons for a fall in domestic saffron consumption,” he said.