IME Monthly Trade Up 7%
EghtesadOnline: An estimated 10.61 million tons of goods were traded in the spot market of Iran Mercantile Exchange (IME) in the last calendar month to Oct 22.
Compared to the month before, the deals increased 7% in volume, according to IME data. Overall trade was worth 682 trillion rials ($2.07 billion), up 7% on the previous month.
IME is a commodities exchange in Tehran founded in 2006 to sell farm, industrial and petrochemical products in the spot and futures markets.
As always, industrial and mineral products contributed the most to trade, accounting for 84% of volume and 63% of value, respectively, in the spot market.
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