Baku, Azerbaijan, May 7
Trend:
The Iran Mercantile Exchange (IME) offers the following products and goods for May 7:
Export floor: Offers 25,150 tons of bitumen.
Oil and petrochemical trading floor: Offers 120,750 tons of polymers, vacuum bottom, bitumen and lube cut oil as well as sulphur.
Industrial and minerals trading floor: Offers 30,000 tons of slabs type C, 16,000 tons of iron beam, 21,000 tons of rebar basket, 93,000 tonnes of hot rolled, cold rollded and galvanized sheets as well as 1,000 tons of 1000 lb aluminum ingots.
Agriculture floor: Offers 611,000 day-old chickens, 6,850 tons of sugar, 8,000 tons of wheat and 700 tons of crude vegetable oil as well as 21,000 tons of colza and 8,450 tons of saffron.
Furthermore, the side market of IME offers 500 tons of palm oil.
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.