iran mercantile exchange (ime)

The Iran Mercantile Exchange (IME) was established in 2006 following the merger of the Agricultural Exchange and the Metals Exchange of Tehran. As a leading commodity market in the MENA region, its mission is to create a transparent, efficient, and organized marketplace for a wide range of products. The exchange operates several distinct trading floors, including those for industrial and mineral products, petrochemical and oil products, and agricultural goods, as well as a derivatives market for instruments like futures and options. The IME plays a crucial role in Iran's economy by facilitating price discovery, reducing transaction costs, and providing a platform for risk management for producers and consumers.