Baku, Azerbaijan, July 11
Trend:
The Iran Mercantile Exchange (IME) offers the following products and goods for July 11:
Export floor: Offers 60,020 tons of bitumen and insulation.
Oil and petrochemical trading floor: Offers 117,113 tons of bitumen, vacuum bottom feed stock and chemicals as well as lube cut oil.
Industrial and minerals trading floor: Offers 10,000 tons of iron ore pellets and 46 tons of mixed rebar basket.
Agriculture floor: Offers 6,000 tons of wheat, 5,608 tons of sugar and 500 tons of crude soybean oil as well as 1,200 tons of date and 2,150 kilograms of saffron.
Furthermore, the side market of IME offers 340 tons of frozen beef from Brazil and 86 tons of ferrosilicon.
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.