|Iran Mercantile Exchange transactions up 17%||
TEHRAN – Over 2.2 million tons of goods, worth more than 37.3 trillion rials (about $1.5 billion) were transacted at Iran Mercantile Exchange in the sixth Iranian calendar month of Shahrivar (August 23-September 22), a 17 percent compared to the previous month.
The transacted goods grew 11 percent in terms of value.
Over 1 million tons of industrial and mineral products, including steel, iron ore, copper, aluminum, and zinc, as well as bitumen and chemical products were transacted at the mercantile exchange.
Iran Mercantile Exchange (IME) is a commodities exchange located in Tehran, Iran. It was founded in 2006.
IME trades in agricultural, industrial and petrochemical products in the spot and futures markets. It is mainly a domestic or regional market with the ambition to become more international in the future.
The Tehran Metal Exchange was established in September 2003 as the first mercantile exchange in the country.
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