Business And Markets
0

Cement Trade Plays Bigger Role in IME

Cement Trade Plays Bigger Role in IME
Cement Trade Plays Bigger Role in IME

Trade at the Iran Mercantile Exchange picked up in the last calendar month ending Sep.22 thanks to large scale cement offers.  
Goods weighing 8.06 million tons were traded in the spot market up 70% compared with the previous month.
Commodities sold were worth 533 trillion rials ($1.97 billion), indicating 49% increase compared to the month before, according to the IME website.
IME is a commodities exchange in Tehran founded in 2006 to host deals in farm, industrial and petrochemical products in the spot and futures markets.

Premium

Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Add new comment

Financialtribune.com