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Listings Requirements for commodities in the Secondary Market
Each commodity in order to be listed in the Secondary Market has to meet the following conditions:
o No legal ban or restriction for trading this commodity
o The commodity must qualify as per specifications, conditions and its quality should correspond to the specifications stated in the offering notice for the exchange and the customers
o The seller of commodity should be able to deposit required collateral with the clearing house in order to ensure the delivery of the commodity
It should be noted that the commodity which has been listed by the seller in other markets of the IME shall not be eligible to be listed by the same seller in the Secondary Market.
The listed commodities in the Secondary Market include: non-transferrable assets, assets or commodities void of conditions of tradable commodities in the spot market.
On Saturday, September 26, 2020, the oil and petrochemical trading floor of the Iran Mercantile Exchange will play host to trading of 40,829 MT of bitumen, VB feed stock, lube cut oil, polymer products, chemical products and sulfur.
On its metal and mineral trading floor the IME sold on Wednesday, September 23, 2020, 49,896 tonnes of rebar basket, 2,200 tonnes of medium-sized rebar, 660 tonnes of U-channels, 9,998 tonnes of I-beam, 1,100 tonnes of I-beam 14 and 150 tonnes of iron rail.
On Wednesday, September 23, 2020, the metal and mineral trading floor of the Iran Mercantile Exchange will play host to offering of 57,684 MT of rebar basket, 2,200 MT of medium sized rebar, 660 MT of U-channel, 10,120 MT of I-beam basket, 1,100 MT of I-beam 14 as well as 150 MT of iron rail.
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Saturday, September 26, 2020 10:54
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Head Office and Trading Floor Address:No.351, Taleghani Ave., Tehran, Iran Zip Code: 1593649313 Phone: +98 21 8564 1022 - 1028 -1029 Fax: +98 21 88383000 E-mail: international@ime.co.ir
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