Business And Markets

IME Spot Trade Grows 17% to $1.3b

IME Spot Trade Grows 17% to $1.3b
IME Spot Trade Grows 17% to $1.3b

In the calendar month ending August 21 goods worth 355 trillion rials ($1.3 billion) were traded in the spot market of the Iran Mercantile Exchange.
The value was up 17% compared to the month earlier with cement, steel, iron ore, bitumen and polymer topping the list, according to data seen on IME’s website.
More than 4.72 million tons of goods were traded, up 14% in weight compared to the preceding month.  
IME is a commodities exchange in Tehran founded in 2006 dealing in farm, industrial and petrochemical products in the spot and futures markets.


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