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 ...

How China Became Iran’s Coziest Trade Partner?
From bilateral trade to finance contracts and civil projects,...
The economy of the Islamic Republic of Iran has been tied to political and foreign affairs developments over the years.
This is the Financial Tribune’s last edition of the current...
Iranian Banking Sector Awaits Full JCPOA Benefits
Iran’s Deputy Foreign Minister Abbas Araqchi addressed various...
President Hassan Rouhani on Sunday spoke to reporters after the last Cabinet meeting of the current year.
President Hassan Rouhani on Sunday outlined his administration...
Iran has more than 37 billion tons of proven mineral reserves and 57 billion tons of potential reserves.
Iran exported more than 58.09 million tons of mineral products...
All-Out Growth in Interbank Market
The Central Bank of Iran has released its latest data on the...

Add new comment

Read our comment policy before posting your viewpoints