Iran Mercantile Exchange Trades over 25,000 Tons of Polymer in One Day

0
779

Over 25,000 tons of Polymer products were traded in the domestic and exports halls of Iran Mercantile Exchange (IME) in one working day.

On Tuesday, 31 grades of polymer products from Arvand, Amirkabir, Abadan, Aryasasol, Bandar Emam, Tabriz, Takht Jamshid, Tondgouyan, Jam, Rejal, Shazand, Laleh, Maron, Mehr, Navidzar Shimi and various types of PVC, Polyethylene, Polypropylene, and SBR were traded in the oil and petrochemical trading hall of the IME, showing significant growth in this field.

The IME was established on September 20, 2007 in accordance with article 95 of the new la of the Securities Market of the Islamic Republic of Iran and following the merger of the agricultural and metal exchanges of Tehran. The merger marked a new chapter in Iran capital market providing endless trading opportunities for the clients in and out of the country.

Various sectors of economy and national industry benefit from the exchange operation. The IME currently offers various services, including:

Performing as the first market providing access to the initial offering of the listed commodities in the IME,

Price discovery and price making for Iran’s Over the Counter (OTC), secondary markets and the end users,

Providing venue for government sales and procurement purchases,

Providing Trading platform and user interface,

Providing Clearing & Settlement services,

Risk management,

Technology services,

Training and education of the market participants.

LEAVE A REPLY