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Hakan Agro product to be offered at Iran's Mercantile Exchange

May 17, 2018 (TREND News Agency via COMTEX) --

Baku, Azerbaijan, May 17


Iran's Mercantile Exchange (IME) will trade soybean raw oil supplied by Hakan Agro Group, Dubai-based agricultural commodity trading company.

The IME said in a statement May 17 that it has agreed to host offering of over 29,835 tons of soybean raw oil in its main trading floor.

The raw oil produced in Argentina will be offered by Government Trading Corporation of Iran, the statement reads.

Hakan Agro Group, is specialized in supply chain management of agricultural commodities such as pulses, oil seeds and edible oils, frozen poultry and meats, dairy products, animal feed raw materials , spices, staples, dried fruits, jute products, packaging materials and special crops.

The IME was founded in 2007. It trades in agricultural, industrial and petrochemical products in spot and futures markets. There are 70 listed brokerage companies in IME who are members of the exchange licensed by the market regulator, the Securities and Exchange Organization.

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