Trade at the Iran Mercantile Exchange (IME) reached 4,311 trillion rials ($13.6 billion) in the first half of current fiscal year (March 21-Sept. 22).
Total trade shot up 67% on the first six months of the last 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.
September 25, 2022 18:34
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IME Says Trade Up 67% in H1
Jump in spot market deals was the main driver of overall growth. It hosted commodities worth 4,053 trillion rials ($12.78b) – up 65% y/y. Commodities weighing 55 million tons changed hands in this market, up 111%
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