The Iran Mercantile Exchange (, IME) is a commodities exchange located in Tehran, Iran. Established on 20 September 2007 from the merger of the Tehran Metal Exchange and the Iran Agricultural Exchange, IME trades in agricultural, metal and mineral, oil and petrochemical products in the stock market and gold coin in the futures market.
Commodities IME facilitates the trading of commodities and products through its markets.
IME's Listed Commodities on Different Trading Floors Main GroupSub-GroupCommoditiesPhysical MarketIndustrial & MineralSteel, Copper, Iron Ore, Aluminum, Zinc and rare metals concentrate, Gold barAgricultural ProductsBarley, Wheat, Maize, Sugar, Crude Vegetable Oil, Frozen Chicken, and Meals, Saffron, Cumin Seed, PistachiosPetrochemical ProductsPP, PE, LDPE, aromatics, SBR feed stocks, MS, PSOil ProductsLube Cut, Insulation, Oil, Bitumen, Vacuum Bottom, Lube Cut, Slap WaxSide MarketSide MarketVarious Products with Non-Continuous Offering: Steel, Scraps, Polymers, Zinc, Chemicals, Minerals, Feeds, Copper, Sulfate, LimeDerivatives MarketFutures ContractsSaffron, Cumin Seed, PistachiosOptions ContractsGold CoinsFinancial MarketStandard Parallel SALAM ContractsCement, Steel, Iron Ore, Ethylene, Concentrate, Wheat, Frozen Chicken, PVCCertificates of DepositGold Coins, Maize, Barley, Pistachios, SaffronInvestment FundsGold Coins. See also: Iranian gold coin
Products
Industrial
Steel Aluminum Copper Gold Bar Zinc Lead Precious Metals Nickel Industrial & Mineral (including cement)
Petrochemicals & Oil by-products
Bitumen Chemical Polymers Sulfur Base Oil Lube Cut
Agricultural
Grains Group: various kinds of corn, grain, wheat, rice, bran Dried and Trans Products: various kinds of pistachio, date, raisins, saffron, cumin, tea, sugar Oil Meals and Seeds Group: various kinds of oily seeds like soybean and oil cake seeds like soybean, colza, cotton seed, sunshade, Safflower cake, corn, palm Cereals Group: pea, lentil Frozen Chicken
New products
In 2016, IME introduced gold futures and options (as hedging tools).
Supervision and regulation The Securities and Exchange Organization (SEO) is the sole regulatory entity for the regulation and development of the capital market in Iran. In 2013, Iran Mercantile Exchange joined the Federation of Euro-Asian Stock Exchanges (FEAS) as an observer member.
Tradable contracts Spot contract Forward contract Contract on Credit Futures contract (since 2008) Options contract
Trading system Trading in IME is based on open outcry auction using electronic trading platform, an interaction of bids and offers made by the buying and selling brokers.
IME Statistics + Source: Central Bank of IranCentral Bank of The Islamic Replic of Iran . Cbi.ir. Retrieved on 2013-10-29. IME Exchange (Including spot, credit and forward transactions) 2007/08 2008/09 2009/10 2010/111 2011/12 2012/13 2013/14 Agricultural - Volume (thousand tons) 273.0 173.5 175.21,633.9549.6 184.5 266.2 Agricultural - Value (billion rials) 772.6 3,729.7 484.83,729.73,792.8 1,346.5 2,748.5 Manufacturing and Metal - Volume (thousand tons) 6,443.8 6,679.7 7,438.58,694.011,685.8 13,172.0 13,555.2 Manufacturing and Metal - Value (billion rials) 58,044.2 62,120.6 53,842.075,235.5102,534.1 197,341 226,211.0 Oil and Petrochemical - Volume (thousand tons) 89.7 4,339.2 7,052.96,662.68,116.6 8,352.010,572.0 Oil and Petrochemical - Value (billion rials) 352.7 19,921.0 36,450.741,478.064,360.8 116,387.0199,113.0 Grand Total - Volume (thousand tons) 6,806.5 11,192.4 14,666.616,990.520,352.0 21,708.5 24,393.4 Grand Total - Value (billion rials) 59,169.4 82,685.3 90,777.5120,443.2170,687.7 315,074.5428,072.5
1 Due to the reclassification of "cement" under "manufacturing and mining products", figures for 2010/11 have been revised. Previously, "cement" was classified under "oil and petrochemical products".
References
External links Iran Mercantile Exchange
Central Securities Depository of Iran