IME Trade Surges to New Records

Trade at the Iran Mercantile Exchange reached 2,580 trillion rials ($9.5 billion) in the first half of current fiscal year (March 21-Sept 22), the highest since its inception in 2006.
Total trade shot up 87% compared to the first six months of previous fiscal year, the IME website, imereport.ir, reported.
IME is a commodities exchange in Tehran hosting deals in farm, industrial and petrochemical products in the spot and futures markets. Steel, aluminum sponge iron, copper, bitumen, petrochemicals, sulfur are also traded.