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Listings Process-Spot Market

Part II: Commodity Admission Process
Article 8- admission application form shall have to be submitted to the exchange together with the following documents:
1-    Admission and listing questionnaire,
2-    Prospectus
3-    Commodity ID form
4-    Certified copy of the standard certificate of commodity
5-    Admission fee payment slip
6-    The written undertaking of the producing company stating that the company has prepared the ground for a visit to the production lines and warehouses at the request of the board of admission or the exchange.
7-    Certified copy of the clearing documents of the commodity which is under listing from the Islamic Republic of Iran’s Customs Administration
8-    Customs Green pass
9-    Inspection certificate of origin/destination
10-    Warrant for the commodities which are cleared from customs and shipped into the domestic warehouses
11-    Certified copy of proforma invoice, registered for order placing, together with the documents of the opened letter of credit or payment certificate for the non-cleared imported commodity
12-    Certification of the competent authorities for the commodities which are subject to observation of special regulations or obtaining legal licenses
13-    Further information which may be discerned significant by the applicant or
14-    at the request of the exchange or the board of admission
Note: with regard to the commodities which are not subject to compulsory standards, applicants shall have to provide quality control certificate from laboratories certified by the Standard Organization. In case that obtaining the certificate from the standard organization is impossible, the certificate shall be obtained from other exchange certified labs.

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Offering over 36,000 tonnes of Polymer Products, Chemical Products, VB and Bitumen

Offering over 36,000 tonnes of Polymer Products, Chemical Products, VB and Bitumen

On Saturday, August 18, 2018, the oil and petrochemical trading floor of Iran Mercantile Exchange will play host to offering of 36,104 MT of polymer products, chemical products, bitumen and VB feed stock.

Trading over 36,000 tonnes of Chemical Products on Wednesday

Trading over 36,000 tonnes of Chemical Products on Wednesday

On Wednesday, August 15, 2018, the oil and petrochemical trading floor of Iran Mercantile Exchange experienced trading of 36,368 MT of chemical products.

IME’s Price Discovery Policy Should be Changed According to the New Currency Exchange Policy

CEO of IME

IME’s Price Discovery Policy Should be Changed According to the New Currency Exchange Policy

Managing Director of Iran Mercantile Exchange, referring to the government’s new currency exchange policy, said the IME’s pricing policy based on the reference currency used for base commodities and the limitation on the price discovery for intermediate goods should be changed in line with new currency exchange policies.

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Saturday, August 18, 2018 11:51

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