Baku, Azerbaijan, April 16
By Gazenfer Hamidov – Trend:
The Iran Mercantile Exchange (IME) offers the following products and goods for April 16:
Export floor: Offers 130,000 tons of insulation and bitumen.
Oil and petrochemical trading floor: Offers 172,085 tons of bitumen, polymers, sulphur, lube cut oil, slack waxes and vacuum bottom feed stock.
Industrial and minerals trading floor: Offers 500 tons of aluminium billet, 1,000 tons of 1000lb aluminium ingot and 440 tons of rebar as well as 20 kilograms of gold bullion.
Agriculture floor: Offers 245,000 day-oil chicks, 10,000 tons of sugar and 19,500 tons of colza as well as 23,200 tons of wheat, 2,100 tons of crude vegetable oil and 600 kilograms of saffron.
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.