IME Spot Trade Down to $2 Billion

Spot trade at the Iran Mercantile Exchange (IME reached 634 trillion rials ($2 billion) in the fourth calendar month ending July 22. 
This was 20% down on the preceding month when commodities worth 802 trillion rials ($2.5b) changed hands in the IME, according to IME data. 
Deals included 8.84 million tons of goods and commodities -- 18% decline in volume on a monthly basis. 
IME is a commodities exchange in Tehran founded in 2006 to sell farm, industrial and petrochemical products in the spot and futures markets.