Baku, Azerbaijan, Feb. 14
By Gazenfer Hamidov – Trend:
The Iran Mercantile Exchange (IME) offers the following products and goods for Feb. 14:
Export floor: Offers 110,000 tons of iron ore, 150,500 tons of bitumen and 5,000 tons of sulphur.
Oil and petrochemical trading floor: Offers 110,847 tons of chemicals, slap wax, bitumen and vacuum bottom feed stock.
Industrial and minerals trading floor: Offers 20,000 tons of C slab, 10,000 tons of mixed I-beam basket, 2,000 tons of bloom ingot, 2,000 tons of steel ingot, 600 tons of aluminium billet, 2,000 tons of 1000lb aluminum ingot, 10 kilograms of gold bullion, 10,000 tons of cement, 70 tons of sulphur molybdenum and 50 Serato passenger cars.
Agriculture floor: Offers 405,000 day-oil chicks, 18,050 tons of wheat, 7,850 tons of sugar, 1,000 tons of crude vegetable oil, 170 tons of large lentil and 772 tons of maize within the framework of supportive price plan.
Furthermore, the side market of IME offers 1,000 tons of phosphate concentrate, 100 tons of lactic butter from Germany and Belgium and 550 tons of frozen meat.
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.