December 24, 2022 13:50

IME Reports $18b Trade in 9 Months

The jump in spot market deals was the main driver of growth. It hosted commodities worth 6,457 trillion rials ($16.7 billion). An estimated 87.5 million tons of goods and 11,000 plus vehicles were traded in the spot market during the period

Trade at the Iran Mercantile Exchange (IME) reached 6,937 trillion rials ($18.1 billion) in the first nine months of the calendar year to November 22.
This was an all-time high and above the previous fiscal year (ended March 2022), SENA news agency said.
IME is a multi-commodity market founded in 2006 for farm, industrial and petrochemical products in the spot and futures markets.

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Iran Mercantile Exchange