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Iran to export oil products via Mercantile Exchange

Business Materials 21 November 2017 11:50 (UTC +04:00)

Baku, Azerbaijan, Nov. 21

By Fatih Karimov – Trend:

The Iran Mercantile Exchange (IME) for Nov. 21 offers the following array of products and goods:

Export floor
Offers: 7,920 tons of bitumen and 500 tons of lube cut oil, 1,092 tons of insulation, 10,000 tons of sulfur lumps and 5,500 tons of granulated sulphur

Oil and petrochemical trading floor
Offers: 35,671 tons of various polymers, chemical products, lube cut oil and vacuum bottom

İndustrial and minerals trading floor
Offers: 1,110 tons of rebar basket, 110 tons of A3-10 rebar and 500 tons of metallurgical coke

Agricultural floor
Offers: 486,000 day-old chickens, 159,000 tons of wheat, 100 tons of sunflower raw oil and 391 tons of maize

Meanwhile, the side market of IME will witness offering of 100 tons of palm oil imported from Malaysia.

The IME was founded in 2007. It trades in agricultural, industrial and petrochemical products in spot and futures markets.

There are 70 listed brokerage companies in IME who are members of the exchange licensed by the market regulator, the Securities and Exchange Organization.

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