Baku, Azerbaijan, July 10
Trend:
The Iran Mercantile Exchange (IME) offers the following products and goods for July 10:
Export floor: Offers 1,840 tons of bitumen and insulation.
Oil and petrochemical trading floor: Offers 157,827 tons of bitumen, vacuum bottom feed stock and polymers as well as sulphur.
Industrial and minerals trading floor: Offers 119,620 tons of hot rolled steel type C and B, cold rolled steel type B, galvanized and tinplate steel sheets from Mobarakeh Steel Company as well as 1,500 tons of 1000 lb aluminum ingots, 500 tons of aluminium billets and 10 kilograms of gold bullion.
Agriculture floor: Offers 11,400 tons of wheat, 5,208 tons of sugar and 500 tons of crude soybean oil as well as 1,750 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.