Baku, Azerbaijan, June 11
Trend:
Iran’s Mercantile Exchange (IME) will trade corn fodder supplied by Russia’s Blue Global company.
Blue Global LLC is a company established for wholesale trade of food products. It is a part of Dubai-based Manhattan Star Trading LLC.
The IME said in a statement that it has agreed to host offering of over 2,819 tons of corn fodder in its main trading market.
The corn fodder produced in Russia will be offered by Ideal Tejarat Araz Company, the statement reads.
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.