More expensive than Gold by weight...Iran to export $300 million dollars of Saffran to Qatar!

[aryobarzan]

This one is for the records.

Iran signs $300 mln deal to supply saffron to Qatar​

Monday, 19 September 2022 5:21 PM [ Last Update: Monday, 19 September 2022 5:21 PM ]

Iran will supply 200 tons of saffron to Qatar under a major deal signed between the two countries.
Iranian exporters have secured a $300 million deal to supply saffron to Qatar in what has been described as the world’s largest ever saffron export deal.
The official IRNA news agency said in a Monday report that traders from Iran and Qatar signed the deal earlier in the day in Doha in the presence of Qatar’s Finance Minister Ali Ahmed Al-Kuwari and Iran’s ambassador to Qatar Hamid Reza Dehghani.
The report said Iran will supply 200 metric tons (mt) of saffron to Qatari customers under the deal, adding that a first shipment will be due in October.
Iran is the world’s top producer of saffron with more than 500 mt of output per year. However, direct exports to Europe have declined in recent years mainly because of American sanctions targeting Iran's access to banking services.

 

[Shapur Zol Aktaf]

Sold for 1,5 dollar per gram. If produced for 0.5 or 0.75 dollars per gram it means 200 or 150 million dollars profit. If bought from Afghanistan and re-exported then maybe more.
Hopefully remnants are used as well for production of organic paint or oil if possible...just guessing.

 

[aryobarzan]

UPDATE:

Iran sends 1st consignment of huge saffron shipment to Qatar​

ByIFP Editorial Staff
October 16, 2022

Iran has sent the first consignment of a 200-ton saffron shipment to Qatar for processing.
This is the biggest saffron export deal in the world.
It’s going to strengthen Iran’s place as the first hub of saffron in the world and will mark as a long stride toward closing the price of Iranian saffron to global rates.
Iran produces more than 90% of the world’s saffron each year.
Compared to saffron produced in other countries, Iranian saffron has a deeper red color and a tingling aroma specific to this product.
The Iranian saffron also known as the “red gold” is a magical ingredient in Persian culture, from aromatic foods and colorful desserts, to the physical and spiritual medicine.
The expensive spice has long been a high-demand commodity and even triggered a war in 1374 in central Europe.

 

[siegecrossbow]

Just out of curiosity, has anyone here used this in regular day to day cooking?

 

[arslank03]

Just out of curiosity, has anyone here used this in regular day to day cooking?

regularly yes

 

[siegecrossbow]

regularly yes

How do you cook with it given that it is so expensive? Do you grind it or just sprinkle a little of it each time? Just curious if there is a way to stretch it.

 

[arslank03]

How do you cook with it given that it is so expensive? Do you grind it or just sprinkle a little of it each time? Just curious if there is a way to stretch it.

you only use a few strands at a time as it is very strong

 

[Hack-Hook]

How do you cook with it given that it is so expensive? Do you grind it or just sprinkle a little of it each time? Just curious if there is a way to stretch it.

you only use a few strands at a time as it is very strong

in this video they show two way to prepare it .

the water in those two preparation is hot water . the difference is in one they let it to first melt with ice and in one they let it steam with boiling water.
the color was the same but the smell of the one that was prepared with ice was a lot better