IME Cement Exports to Begin in 3 Months
IME Cement Exports to Begin in 3 Months

IME Cement Exports to Begin in 3 Months

IME Cement Exports to Begin in 3 Months

Cement trading will resume at Iran Mercantile Exchange’s board of exports in the Iranian month of Ordibehesht (April 21-May 21, 2017), the head of Cement Employers Association, Abdolreza Sheikhan, has announced. The official added that cement will also be listed on the domestic trading board as soon as the glutted local market is balanced by boosting exports, SMT Daily reported. The CEA broke the news of cement trade resumption at IME back in November, saying it would begin as of the fourth quarter of the current fiscal year (December 21-March 20). By delegating cement trade to IME, the association seeks to curb unhealthy competition among producers, which has disrupted the market’s balance and led to low prices. Iran Mercantile Exchange is a commodities exchange located in Tehran. Founded in 2006, IME trades in agricultural, industrial and petrochemical products in the spot and futures markets.

Short URL : https://goo.gl/Qqhz6N
  1. https://goo.gl/NL4xrC
  • https://goo.gl/0SnVK6
  • https://goo.gl/hFZzLG
  • https://goo.gl/vpIzBv
  • https://goo.gl/lv1GY7

You can also read ...

Italy's Ansaldo Set to Produce Power From Iran's South Pars Gas Flares
Italy's Ansaldo Energia signed a memorandum of understanding...
Fate of Cryptocurrency in Iran Hangs in Balance
Virtual currencies are slowly but steadily gaining traction...
IRISL Returns to the Fold of Int’l Shipping Giants
The Islamic Republic of Iran Shipping Lines plans to replace...
Dairy Exports to Hit $1b
Iran is one of the top milk producers and has ambitious plans...
Money and Credit Council Approves Liquidity Risk Management Rules
Money and Credit Council, a top financial decision-making body...
1st Currency ETF  in the Pipeline
The Iranian capital market’s first foreign currency exchange-...
84% Rise in Rice Imports
More than 1.05 million tons of semi and wholly milled rice...
Iran Insurance Growth at 20%
The collective figure of Iranian insurance companies’ premiums...

Add new comment

Read our comment policy before posting your viewpoints

Enter the characters shown in the image.