Report on Saffron Market Changes and Price Updates
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Review of the Latest Saffron Market Changes in EuropeSaffron Price Update in EuropeWholesale Saffron PricesPackaged Prices (as of August 23):Awareness of the Saffron Price ListSaffron Price Update in September
The King Business company holds daily meetings with its various departments regarding trade and updates on Saffron Market Changes.
Review of the Latest Saffron Market Changes in Europe
The daily meeting of King Business was held, as usual, at 19:30 Central European Time.
Representatives from the Media Department, Sales and Export Department, Advertising Department, and also the Support Department were present at this meeting.
The main purpose of today’s meeting was to review the latest changes in wholesale and packaged saffron prices and to coordinate the relevant departments for the implementation of new sales policies.
Saffron Price Update in Europe
First, the Sales Department presented a report on market trends and demand changes in recent weeks.
Then, the main topic of the meeting, namely the “Saffron Price Update,” was discussed.
The new prices were announced as follows:
Wholesale Saffron Prices
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Negin Saffron: 2590€
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Export Negin Saffron: 3120€
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Super Negin Saffron: 3250€
It was explained that the above prices were announced on a wholesale basis and may vary depending on the type of saffron and the order quantity.
This is particularly important for exports, as the volume of international orders is often diverse.
Packaged Prices (as of August 23):
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0.5 gram: 5€
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1 gram: 9€
Awareness of the Saffron Price List
Later in the meeting, representatives of the Advertising and Media Departments discussed how to communicate the new prices through internal and external communication channels.
The Support Department also emphasized that the necessary infrastructure should be provided for responding to customers and sales representatives so that the price changes are announced with full transparency.
Saffron Price Update in September
At the end of the meeting, it was decided that the implementation of the price updates would take effect from the beginning of September.
It was also agreed that in upcoming meetings, the market trends in Europe and Asia will be reviewed in greater detail, and precise prices for the export market will be announced.
