Business And Markets

18% Increase in IME Trade 

18% Increase in IME Trade 
18% Increase in IME Trade 

An estimated 10.399 million tons of goods were traded in the spot market of the Iran Mercantile Exchange (IME) in the last calendar month to Feb 22.
Compared to the month before, the deals increased 18.5% in volume, according to IME data. Overall trade was worth 1,055 trillion rials ($2.19 billion), up 13.5% on the previous month. 
IME is a multi-commodity market in Tehran founded in 2006 for farm, industrial and petrochemical products in the spot and futures markets.
As always, industrial and mineral products were in the lead accounting for 84% of the volume and 63% of value, respectively, in the spot market. 


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