A Regional Hub

 

The Export Trading Floor of the IME launched operation in 2008 aimed at establishment of a regional hub for export of oil-related products, and later, petrochemical products to target markets across the region and greater Asia. Polymers, bitumen, vacuum bottom, ethanol, sulfur and iron ore are the most traded underlying commodities on this sub-market of the IME. Both domestic and international suppliers can trade on this market. The physical venue of the platform stands on Kish Island accessible on realtime basis from the main trading module of IME in Tehran.

 

The export ring serves the market and clients via:

 

·   Facilitating foreign trade Providing unrestricted access for foreign traders and international participants

 

·   Setting a price benchmark for petrochemicals and bitumen

 

·   Turning the ring into a price setter in the region as the country is a major producer of such products in the Middle East and beyond.

 

 Products

 

 The commodities listed and traded in this market are as follows:

 

• Bitumen (60/70, 85/100, 40/50, MC 250)
• Vacuum bottom
• Lube cut
• Base oil

 

• Petrochemicals
• Polymers
• Aromatics, LAB, PBR, Styrene, Poly urethane

 

• Chemicals
• Sulfur
• Methanol
• Ethanol

 

 

Trade

 

Foreign traders who are interested in purchasing the above underlying in physical market of export ring of the IME need to contact a broker from the following link to register for trading ID. The broker will serve clients at the best possible practices to ensure a smooth trade of products. Once the ID issued, the client can order his purchase based of the offer notice on the IME website. Settlement of trades are carried out in the IME's clearing house then the delivery notice will be issued to the order of client or his legal representative for shipment and export.

 

Brokers

To contact a brokerage firm please click here.

Top Subjects | All News

 

IME Monthly Report Volume of Trades Rose by 11% Within the month ending on 22nd of July, 2021, the IME witnessed trade of 4,021,000 tonnes of commodities worth more than 1,560 million USD, showing a growth of 11% in volume of trades as compared to the previous month.

IME Exports Insulation, Bitumen and Slack Wax On Monday, July 26, 2021, the IME witnessed trade of 23,200 tonnes of bitumen, 110 tonnes of insulation and 234 tonnes of slack wax on its export pit.

Nearly 895,000 Tonnes of Commodities Changed hands on Iran Mercantile Exchange Within the week ending on the 16th of July, 2021, the IME witnessed trade of 894,604 tonnes of commodities with a total trading value of more than 341 million USD.

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