Iran Mercantile Exchange Thrives With $10.5 Billion Trade

The value of trade at the Iran Mercantile Exchange spot market increased 56% during the last fiscal year that ended in March 
A total of 26.33 million tons of goods worth 1,691 trillion rials ($10.5 billion) were traded via the exchange last year, which was a 6.1% hike in volume compared to the earlier year. 
Spot markets trade accounted for 1,376 trillion rials ($8.6 billion) of the deals, IRNA reported, citing IME data. 
Goods, including industrial products and commodities, gold, future contracts, petrochemicals and agricultural products are traded via the IME spot and derivatives markets.
More than 9.7 million tons of goods valued at 61.2 trillion rials ($381 million) changed hands on the mineral and industrial trading floor during the one-year period. This was a 24.8% and 87% annual growth in volume and value, respectively.