Exports approach last year’s levels
As some countries resumed buying the market witnessed has sharp increase in prices over the last two months, most notably for premium Negin saffron. Average prices rose by 7-8% in this period. In June, overseas shipments even nearly reached a similar level as last year. Traders also report that the market is much calmer now than in July when the impact of the pandemic was much more present.
Attention is now shifting towards the new crop. Production is set to rise by 10-15% over the 500 mt produced last year. Farmers