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Products worth over $ 4.7 billion traded at EMI in one month

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TEHRAN – More than 1.918 million tonnes of goods worth 200 trillion rials (approximately $ 4.761 billion) were traded at the Iran Mercantile Exchange (IME) during the Iranian eight calendar months of Aban (22 October-November 21).

Over the past month, the IME’s metals and minerals trading floor recorded 703,529 tonnes of raw materials worth 89,345 billion rials (approximately $ 2.127 billion).

More than 1.212 million tonnes of raw materials valued at 110.675 trillion rials (approximately $ 2.635 billion) were traded at the IME’s petroleum and petrochemical prosecutor’s office in the previous month.

In addition, 1,736 tonnes of products were traded on the EMI secondary market.

IME is one of the top four stock markets in Iran, the other three markets are Tehran Stock Exchange (TSE), Iran over-the-counter (OTC) market also known as Iran Fara Stock Exchange (IFB) and Iran Energy Exchange (IRENEX).

At the end of April, IME Director General Hamed Soltani-Nejad unveiled the New Market Outlook Plan, which outlines IME’s development roadmap up to Iranian calendar year 1404 (March 20205- March 2026). The materialization of the slogan of this Iranian year, which is Surge in Production, is seriously considered in the mentioned plan and it is, in fact, the strategic approach of the foresight plan.

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