Baku, Azerbaijan, July 24
Trend:
The Iran Mercantile Exchange (IME) offers the following products and goods for July 24:
Export floor: Offers 8,100 tons of bitumen and 500 tons of insulation.
Oil and petrochemical trading floor: Offers 38,561 tons of polymers including polyethylene, polystyrene, polypropylene and polyvinyl chloride as well as 1,500 tons of sulphur, 8,000 tons of lube cut oil and 30,000 tons of vacuum bottom feed stock.
Agriculture floor: Offers 12,600 tons of wheat, 4,908 tons of sugar and 800 tons of crude soybean oil as well as 60,000 day-old chikens.
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.