IME Doubles Annual Trade to $24 Billion

Iran Mercantile Exchange made history in the last fiscal (ended March 20) in terms the volume and value of trade.
As per data published on IME’s website, the value of deals exceeded 6,650 trillion rials ($24.6 billion) – up 90% on the year before. 
More than 76.14 million tons of goods changed hands at the IME spot market, which is 128% higher on an annual basis. 
The value of deals at its spot market crossed 6,300.6 trillion rials ($23.3b), increasing almost 102% on the year earlier, logging the highest annual growth since the IME inception in 2006.  
Goods including gold, minerals, agro and petroleum products plus petrochemicals are traded in the spot market. 
In the 12 months to March 20, trade on the mineral and industrial floor had the lion's share reaching 3,698.98 trillion rials ($13.7b), up 123% y/y.