Economy

More than 356 million USD worth of commodities traded on IME

Tehran (ISNA) - Within the week ending on the 17th of September 2021, the IME witnessed trade of 1,865,000 tonnes of commodities with a total trading value of more than 356 million USD on its spot market.
Accepting cryptos won't help Iran’s economy: Steve Hanke

Tehran (ISNA) – There is some news that Uruguay and Paraguay are on the way to legalize bitcoin and other crypto currencies as a method of payment; we’d asked professor Hanke for a commentary.
Value of trades doubled in Iran Mercantile Exchange

Tehran (ISNA) – Within the week ending on the 6th of August, 2021, the IME witnessed trade of 1,026,000 tonnes of commodities with a total trading value of more than 555 million USD, showing 14% and 99% of growth in volume and value of trades respectively as compared to the previous week.
Goreh-Jask pipeline project to be inaugurated soon

Tehran (ISNA) – CEO of National Oil Company Masoud Karbasian announced on Sunday that pumping oil into strategic Goreh-Jask pipeline will start upon its completion.
IME witnesses trade of nearly 895,000 tonnes of commodities

Tehran (ISNA) - 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.
Value of trades rises by 14% on IME

Tehran (ISNA) - Within the week ending on July 9th, 2021, the IME witnessed trade of 1,322,000 tonnes of commodities worth more than 486 million dollars, showing 30% and 14 % of growth in volume and volume of trade respectively, as compared to the previous week.
Volume of trades rises by 13% in metals, minerals

Tehran (ISNA) - Within the week ending on July 2nd, 2021, the IME witnessed trade of 1,012,000 tonnes of commodities worth almost 412 million USD, with a noticeable growth of 13% in volume of trades in its metals and minerals trading platform.
Iran’s agricultural exports reach $1.2 billion

Tehran (ISNA) - Islamic Republic of Iran Customs Administration (IRICA) reported that Iran’s agricultural products exports during the first three months of the current Iranian fiscal year (started March 21, 2021) have reached $1.2 billion.
New records registered on IME

Tehran (ISNA) - Within the month ending on 21 June 2021, the IME witnessed trade of more tham 3,623,000 tonnes of commodities with a total trading value of almost 1,880 million USD, showing 22% and 8% of growth in volume and value of trades respectively.
Value of Trades rises by 18%

Tehran (ISNA) - Within the week ending on June 18th 2021, the IME witnessed trade of 824,288 tonnes of commodities with a total trading value of almost 384 million USD, showing 31% and 18% of growth in volume and value of trades respectively.
Iranian rial could be poised for massive rally if Iran rejoins JCPOA: Ed Moya

Tehran (ISNA): Nuclear talks are still ongoing and there are some hopes that Iran and the United States may find common ground and return to compliance with the accord. Currency market and oil market are among those which may be most affected if the agreement is revived.
A remarkable growth of 60% in value of trades

Tehran (ISNA) - Within the week ending on the 4th of June, 2021, the IME witnessed trade of 905,197 tonnes of commodities with a total value of nearly 567 million USD, showing 51% and 60% of growth in volume and value of trades respectively, as compared to figures in the previous week.
Iran’s misery, miserable state of Iranian Rial

By Steve H. Hanke
Trade of nearly 600,000 tonnes of commodities on IME

Tehran (ISNA) - Within the week ending on May 26, 2021, the IME witnessed trade of 597,727 tonnes of commodities with a total trading value of more than 365 million USD.
IME reaches a record high

Tehran (ISNA) - Within the month ending on May, 21, 2021, the IME set a new record as it sold 2,925 tonnes of various types of commodities with a total trading value of almost 1,828 million USD, with a 6% and 16% of growth in volume and value of trades respectively compared to the previous month.
IME witnesses rise in volume, value of trades

Tehran (ISNA) - Within the week ending on May, 21, 2021, the IME witnessed trade of 861,793 tonnes of commodities with a total trading value of almost 554 million USD, showing 36% and 40% of growth in volume and value of trades respectively as compared to the previous week.
Iran’s non-oil export grows by 46%

Tehran (ISNA) - President of the Islamic Republic of Iran Customs Administration (IRICA) announced that the country exported $5.6 billion worth of non-oil goods and commodities to foreign countries from March 21 to May 15, 2021.
IME witnesses growth in both volume, value of trades

Tehran (ISNA) - Within the week ending on May, 14, 2021, the IME witnessed trade of 631,879 tonnes of commodities with a total trading value of nearly 400 million USD, showing 2% and 4% of growth in volume and value of trades respectively.
Rail link to be created between Iran, China through Afghanistan

Tehran (ISNA) – Following the inauguration of Khaf-Herat Railway Project and announcement of Iran’s readiness to invest $2.2 billion in Afghanistan to complete the final phase of this railway and to connect it to Mazar-e-Sharif, Iran’s railway route will eventually reach China.
IME witnesses trade of more than 600,000 Tonnes of commodities

Tehran (ISNA) - Within the week ending on May, 7th, 2021, the IME witnessed trade of 617,484 tonnes of commodities with a total trading value of more than 408 million USD.
Iran exports non-oil goods to 143 countries

Tehran (ISNA) – Iran managed to export its non-oil products to 143 world countries and imported products from 123 countries last year despite oppressive and unjust sanctions imposed against the country.
IME Posts sales of 686,000 tonnes of commodities

Tehran (ISNA) - Within the week ending on April, 30th, 2021, the IME traded 686,963 tonnes of commodities with a total trading value of more than 400 million USD.
Iran bans flights from/to India, Pakistan

Tehran (ISNA) – Iran will ban flights from and to India and Pakistan as of Sunday due to the outbreak of the mutated coronavirus in the two countries, Civil Aviation authority spokesman Mohammad Hassan Zibakhsh announced on Saturday.
IME witnesses continuous growth in both volume, value of trades

Tehran (ISNA) - Within the week ending on April 16th, 20121, the IME traded 18,000 tonnes of commodities with a total trading value of nearly 435 million USD, showing 36 and 7 percent of growth in volume of trades respectively, as compared to the previous week.
IME witnesses growth in volume, value of trades

Tehran (ISNA) - Within the week ending on April 9th, 2021, the IME witnessed trade of 745,073 tonnes of commodities with a total trading value of more than 443 million USD, showing 102 and 109 percent of growth in volume and value of trades respectively.
Possible inflationary trends in the short-term

Tehran (ISNA) – In its recent report, the IMF predicted 36.5 percent inflation for Iran this year. For further discussing possible scenarios for possible inflationary trends in the short-term; we’d asked professor Hanke for a commentary.
IME did gangbusters last year breaking 8 all-time records

Tehran (ISNA) - Within the Iranian year 1399, ending on March 20th, 2021, the Iran Mercantile Exchange posted its biggest yearly gain, with a total trading value of 17.5 billion USD, more than doubling up the figure as compared to the previous year.
Ocean port to be constructed on Jask coast, SE Iran

Tehran (ISNA) - A senior official in Ports and Maritime Organization of Hormuzgan Province said on Sunday that an ocean port plan was being prepared to be constructed on the coast of the province.
A mixed bag of commodities worth 384 million USD sold on IME

Tehran (ISNA) - Within the week ending on March 12th, the IME witnessed trade of various types of commodities with a total trading value of more than 383 million USD.
IME weekly trades edge up

Tehran (ISNA) - During the week ending on 3 of March, close to 940,000 tons of commodities worth of 123,000 billion rials were traded on the IME's spot platforms.