Sunday, 07 September 2025
08:22
Aghajanlou: “The commodity deposit certificate transactions development “supports the economy and reinforce the production / Jahromi: Iran Mercantile Exchange’s mission is to assist production and develop mines.
The development of commodity deposit certificate transactions is a national initiative to support the real economic sector and reinforce the country's production system ,and continued: It is obvious that the cooperation of producers and financial institutions is a win-win situation for the country's economy, consequently it not only improves the liquidity conditions for producers but also creates an opportunity for people to invest in production.
According to IMIDRO's public relations, Mohammad Aghajanlou at the meeting in order to review the process and outlook of the commodity deposit certificate market, attended by Managing Director of the Mercantile Exchange and representatives of mining companies and financial institutions noted:
"We expect investment funds and other financial institutions to help finance the production sector by entering in this field, in order to facilitate the sustainable investments."
Aghajanlou noted, "Currently, the steel production capacity of more than 50 million tons is available, but in sectors such as infrastructure, developmental measures and financing we need further facilitate sustainable investments."
IMIDRO’s Chairman of the Executive Board of Directors stated:
Constructive cooperation between IMIDRO and the Mercantile Exchange, supported by the Ministry of Industry, Mine and Trade (MIMT) and the Ministry of Economy, along with the development of the financial sector and securitization of commodities, can transform the Mercantile Exchange into a major regional hub, even surpassing well-known international exchanges.
The mission of the commodity exchange is to help the production sector
The Managing Director of Iran Mercantile exchange, while appreciating and pointing to the prominent role of IMIDRO and the Ministry of Industry, Mine and Trade in the growth of the commodity exchange over the past 10 years, stated: without IMIDRO's cooperation, the plans did not come to completion.
Cooperation started from the premium discovery contract to gold, where IMIDRO trusted and provided us with 3 tons in the form of deposit certificates; nowadays we are witnessing more than 25 tons of trading volume.
He added: This procedure showed that moving towards new markets with IMIDRO's cooperation will be definitely successful.
Jahromi clarified that financial institutions are our main arms for achieving this goal and continued some warehouses, such as pellet stores, are in accepting process and actions in the copper sector will soon begin. He continued: Currently, collaborations are in the area of certificate deposits and their execution tools; the next step is tokenization, and the development of mines will be considered.
We hope that in this section we can assist in the production and completion of projects.
