IME Achievements Highlighted
IME Achievements Highlighted
TEHRAN - The CEO of Iran Mercantile Exchange (IME) on Wednesday highlighted the major programs of the IME for the current Iranian calendar year.

Speaking at a press conference on the sidelines of the FINEX, Hamed Soltaninejad briefed the media persons of the major activities of the IME in the past year and announced major programs for the new year.


He said that last year was a good year for the IME as it witnessed a record for trade, adding that IME witnessed a new record in volume  and value of trade of petrochemical products and over 4.6m tons of petrochemicals worth around 30,000b tomans were traded.

Soltaninejad went on to say that the figure for the trade in mineral and industrial products stood at 32,000b tomans and it was also a new record for this field. He noted that in the agriculture sector, the value of trade exceeded 1600b tomans while in this field there was a decline in trade in the first half of the year because of the system of subsidies.

Soltaninejad asserted that the value of oil products which were traded on the IME last year was 22,000b tomans and it was also a new record.

He reiterated that the total physical market of the IME was 88,400b tomans last year which was also a new record.

Soltaninejad noted that the total value of trade hit 178,000b tomans last year and the statistics show that the trade on the IME accounted for 39 percent of total trade in the capital market last year.

He then pointed to the future programs of the IME for the current year, adding that the IME is to launch deposit certificates for goods like gold bullion and caraway as well as futures contracts for mercantile funds.

He added that the IME is to expand its information management system and to boost its international tradeby strengthening its brand.

  • source : IRAN NEWS