Investment Funds Ready to Buy Farmers' Saffron

Torbat-e Heydarieh's MP in the Islamic Consultative Assembly says continued support for saffron growers through the capital market will go on. Saffron investment funds are in a favorable position, and several funds with resources of several thousand billion tomans are ready to buy farmers' produce.

Referring to the continuation of support for saffron growers through the capital market, the representative of the people of Torbat Heydarieh in the Islamic Council said: saffron investment funds are in favorable conditions and several funds with financial resources of several thousand billion tomans are ready to buy farmers' products.

According to Arjan's ambassador, Mohsen Zanganeh, in the meeting of Shahres to Na Zaveh administrative council at the meeting hall of Zaveh governorate, referring to the continuation of support for saffron farmers through the capital market, he stated: saffron investment funds are in favorable conditions and some funds with financial resources of several thousand billion tomans are ready to buy farmers' products.

He added: From the beginning of November, the warehouses of the stock exchange will start accepting saffron, and it is expected that the trading symbol of the saffron deposit certificate will be opened by the middle of November so that farmers can offer their products and receive their price quickly.

Advising farmers to manage the supply of saffron flowers, drying the product properly and regularly delivering it to the warehouses of the stock exchange, Zanganeh emphasized: The goal is to support farmers and maintain a reasonable price of saffron in the market.

Referring to the support given to saffron growers in recent years, Zanganeh said: "Saffron now has a very good price." Our advice to dear saffron farmers is to never sell their saffron before the harvest season.

They must clean the saffron themselves and bring the cleaned saffron to the market.

The head of the special production support commission of the Islamic Council continued: We have already talked with the Ministry of Labor, the Ministry of Security, and the Stock Exchange Organization, and we have already made the necessary arrangements to support saffron during the harvest season. Zanganeh emphasized: There is nothing to worry about and saffron growers should not pay attention to these words and rumors.