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 globe. Polymers, bitumen of different grades, steel rebar, sulfur, copper cathode and aluminum billets are the most traded underlying commodities on this sub-market of the physical trading floor of the IME. Both domestic and international suppliers may trade on this market. The trading venue is located on Kish Island and is accessible electronically from across the country.

 

The export ring serves the market participants as a platform to facilitae the foreign trade by providing unrestricted access for foreign traders and international investors. The exchange continues to maintain the price benchmark for petrochemicals and bitumen products out of the export transactions leading to form a price reference for the regional and international commodity traders, data vendors and commodity websites.

 

 Products

 

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

 

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

 

• Polypropylene and PVC
• Aromatics, LAB

 

• Chemicals like Caustic Soda
• Sulfur

 

• Steel Rebar
• Aluminum Ingots and Billets

 

 

Trade

 

Foreign traders who are interested in purchasing the above underlying commodities in export ring of the IME may 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 displayed 24 hours prior to trading session 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 IME Sold 9 Million tonnes of Commodities within a Month Within the month ending on September 22, 2022, the IME witnessed trade of 9,857,062 tonnes of commodities with a total trading value of more than 2.4 billion USD on its physical market, as compared to the month before.

Saturday Cara Pickup Automobiles Traded on IME On Saturday, September 24, 2022, the IME played host to trading of 137 Cara Pickup cars (regular and extended cab) on its metals and minerals trading floor.

IME Weekly Report IME Touched Higher Records in Value and Volume of Trades Within the week ending on September 23, 2022, the IME witnessed trade of 3,023,000 tonnes of commodities with a total trading value of nearly 765 million USD, posting growths of 18% in volume and 25% in value of trades compared to the figures of the previous week.

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