Monday, June 02, 2008

Kashmiri Saffron


In Kashmir, arguably the world's most famous source of quality saffron is near extinction. See this article for more details. Iran may not have nasty nuclear intentions, but they are keen on controlling the world saffron market!

Saffron prices, meanwhile, in US $ terms continue to rise. I do not think that there will be any relief with the new season late this summer. All our sources indicate a continued crisis into next year with more increases expected.

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