Business And Markets

IME Logs $2.2b Trade in 1 Month

IME Logs $2.2b Trade in 1 Month
IME Logs $2.2b Trade in 1 Month

An estimated 8.9 million tons of goods worth over 629 trillion rials ($2.2 billion) were sold in the spot market of the Iran Mercantile Exchange in the calendar to Nov. 21.  
This was 18% higher on a monthly basis in value while the increase in volume was 24%, the IME website wrote.
IME is a commodities exchange in Tehran founded in 2006 dealing in farm, industrial and petrochemical products in the spot and futures markets.
Trade in the reviewed month mainly included industrial goods and minerals weighing 7.38 million tons worth 379 trillion rials ($1.3b).


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