According to Tejarat News, The head of the stock exchange organization recently emphasized the supply of cars in the commodity exchange, but is this supply possible?
Hosni Saadi explained about the time of supply of cars: the time of re-supply of cars to the commodity exchange has not been announced yet.
Mechanism of car supply in the commodity exchange
Javad Fallah, director of physical market development of the Commodity Exchange, also explained about the process of supplying cars in this market: According to the recent plan presented by MPs, after hammering the price in competent authorities such as the Ministry of Silence, the base price of cars is determined and goes to compete.
The director of physical market development of the commodity exchange added: “Traders on the board will compete on the approved price, and finally, according to the auction law, the best winning price and the car will be awarded to the bidder.”
Noting that all certified individuals are allowed to bid and participate in the auction, Fallah said: “According to the plans made, the winner of the competition will not be able to participate and participate in the repurchase of the same car for up to 12 months.”
The director of physical market development of the commodity exchange also explained about the models of cars offered in the commodity exchange: it is predicted that the cars with high internal and external circulation will all go on the board.