News ID: 136130
Published: 0703 GMT February 02, 2016

Iran exports $110m saffron in 10 months

Iran exports $110m saffron in 10 months

Iran exported more than 76 tons of saffron worth $110 million in the ten months to January 20.

Deputy Head of Iran's Union of Sellers and Exporters of Saffron Gholamreza Miri also noted that the amount of saffron exports has experienced a 35-percent fall compared to the same period of last year due to the fluctuations in prices, Mehr News Agency reported on Tuesday.

 “If the volatility continues this way, we will be faced with a lack of demand for the product leading to stagnation while boosting exports requires stabilization of market conditions,” he emphasized.

Miri also referred to the lifting of anti-Iran sanctions asserting “currently, we are able to export saffron to countries like the US though the process was banned over the past years as a result of international sanctions.”

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