Does the acceptance of the second car in the commodity exchange / have an effect on prices?

According to Tejarat News, after Shahin Esfand’s car was admitted to the Commodity Exchange last March, Bahman Motor is now trying to admit its Kara van to the Exchange.

As IRNA Reportedly, Kara car belonging to Bahman Motor Company (Bahman Group) was approved in the main market of the Commodity Exchange on April 15 after reviewing the documents in the one hundred and forty-first meeting of the Commodity and Securities-Based Securities Admission Board. Took.

Earlier, Ahmad Rahimi, director of operations for the Iran Commodity Exchange, said about the supply of Shahin: “According to the documents provided and the completion of all legal steps, according to the approvals of the Supreme Council of the Exchange, acceptance has been made and it is determined that 80% of production This car will be offered annually through the stock exchange.

Rahimi in response to the question whether other cars will be admitted to the commodity exchange or not? He said: Shahin has been accepted as a sample. When the offer is made and the deals are done, the pros and cons are examined. If this process has the ability and elasticity of supply and demand, other cars will be accepted in the commodity exchange.Kalaakhbar)

But now, without making any deals about Shahin, it is announced that the second car will be admitted to the Commodity Exchange.

Is offering a car on the stock exchange practical?

Does the presence of cars in the stock market help the market?

Emad Jafari, an expert in the automotive industry, said in an interview with Tejarat News: “The important point regarding the supply of Shahin and other cars in the commodity exchange and its implementation is that the supply of cars should be such that the price of a car is the same in different colors.” . In addition, the car options are different.

He added: In the list of cars of Iran, Khodro and Saipa, it can be seen that there are several types of Tiba and Quick. With this diversity in existing cars, it is very difficult to supply cars in the commodity exchange.

Does it affect prices?

The car industry expert further explained: with the supply of cars in the commodity exchange, the factory price will not decrease. But the price gap between the market and the factory may be narrowing.

Jafari said: Of course, all these points are conditional on the supply of the automaker. If offered in limited quantities, prices may even go up. But if it is offered in significant quantities, it is possible to reduce the price.

Is it profitable for investors?

Can offering a car on a commodity exchange be attractive and profitable for investors?

Fardin Aghabzargi, a capital market expert, told Tejaratnews: “In connection with the speculation process, such as securities on commodities or derivatives traded on commodity exchanges, the chances of speculation with the intention of investing are small.”

He added: “The purpose of accepting products is to discover and make prices transparent.” But if a person enters the stock market with the intention of investing, the commodity exchange will not be a suitable space for this.

The expert explained: “Perhaps this is the first time that a product called a car enters the commodity exchange.” Because the price of car factories and its market price is about 100% deviation. For this reason, we try to resolve the price difference over time.

Aghabzorgi said: the news of Shahin’s listing on the stock exchange has been published in Kala, but this is not on the trading board. Because every product that enters the stock market must be standardized. In addition, the cooperation of companies to enter the commodity exchange is important. Of course, a number of software mechanisms are needed to justify the delay of this car to the commodity exchange.

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