To help rescue the crisis-plagued stock market, the government has announced new measures to boost demand and improve profit-taking.
The Economic Coordination Headquarter approved ten measures announced by the Economy Minister Ehsan Khandouzi late on Sunday, IRNA reported.
The measures seemingly address the valid concerns of stock investors about the price of feedstock the government sells to the giant metal, refinery and petrochemical companies.
Accordingly, feedstock prices for petrochemical companies is similar to the export price of Iranian natural gas and set at maximum 50,000 rials per cubic meter.
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