Business And Markets
0

IME Spot Trade Down to $2 Billion

IME Spot Trade Down to $2 Billion
IME Spot Trade Down to $2 Billion

Spot trade at the Iran Mercantile Exchange (IME reached 634 trillion rials ($2 billion) in the fourth calendar month ending July 22. 
This was 20% down on the preceding month when commodities worth 802 trillion rials ($2.5b) changed hands in the IME, according to IME data. 
Deals included 8.84 million tons of goods and commodities -- 18% decline in volume on a monthly basis. 
IME is a commodities exchange in Tehran founded in 2006 to sell 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