0849 GMT May 24, 2019
Gholamreza Miri said Iran exported 10.34 tons of saffron during the said month which shows an increase of 10 percent compared to the amount for the same month last year, Mehr News Agency reported.
Miri said there were no fluctuations in saffron prices in the past 40 days adding that at present, demand is at par with supply.
The official pointed out that stability in prices will increase exports as traders will not take the risk of purchasing and exporting the product which entails likelihood of losses.
Miri further said that saffron prices will go down in August or September before the harvest season.