Financial Tribune - Iran exported 40 tons of saffron during the first three months of the current Iranian year (March 21-June 21) to witness a decline of 15% compared with last year�s corresponding period.

According to Ali Hosseini, a member of Iran's National Saffron Council, the price of Iranian saffron on global market currently stands at �700-1,000 per kilogram, ILNA reported.

The price range indicates that Iran�s saffron exports were worth �28-40 million in Q1.

Iran is the world�s biggest producer of saffron and accounts for more than 90% of global production.