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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 Wednesday, Jan 22, 2020, the metal and mineral trading floor of the Iran Mercantile Exchange will play host to offering of 117,800 MT of HRS, CRS, tin plate and galvanized sheet, 5,600 MT of bloom ingot basket, 39,000 MT of bloom ingot, 1,500 MT of 1000 lb. aluminum ingot, 200 MT of zinc ingot, 40 MT of copper cathode, 12 MT of precious metal concentrates and 4 kg of gold bullion.
On Tuesday, January 21, 2019, the export ring of Iran Mercantile Exchange played host to trading of 22,940 MT of bitumen and 100 MT of insulation.
On Tuesday, January 21, 2019, the oil and petrochemical trading floor of Iran Mercantile Exchange will play host to offering of 55,275 MT of polyethylene on polymer group.
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Thursday, January 23, 2020 13:35
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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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