Baku, Azerbaijan, July 8
Trend:
The Iran Mercantile Exchange (IME) offers the following products and goods for July 8:
Export floor: Offers 12,690 tons of bitumen and sulphur.
Oil and petrochemical trading floor: Offers 120,663 tons of bitumen, chemicals and vacuum bottom feed stock as well as polymers, lube cut oil, argon and sulphur.
Industrial and minerals trading floor: Offers 1,145 tons of wire copper, 2,000 tons of cathode copper, 20,000 tons of low-grade copper, 140 tons of sulphur molybdenum, 10,000 tons of bloom and 9 tons of precious metals concentrates.
Agriculture floor: Offers 10,600 tons of wheat, 3,558 tons of sugar and 500 tons of crude soybean oil.
Furthermore, the side market of IME offers 340 tons of frozen beef from Brazil.
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.