The supply of goods on the stock exchange makes sense according to the economy of the countries/ There is no history of the supply of cars on the stock exchange

According to the report of Fas news agency, quoted by Khane Mellat, Majid Eshghi, the head of the Stock Exchange Organization, said that there is no precedent for the sale of cars in the stock market in the world. For example, in India, spices are offered on the commodity exchange, or eggs are offered on the Dalian stock exchange in China; In fact, offering any product in the stock market makes sense in the economic conditions of the same country.

* Last year, we did not agree to the sale of cars in the commodity exchange

He added: “Until last year, we were not in favor of selling cars on the commodity exchange, but considering the current conditions of this matter, one of the solutions to save the industry will be to increase the supply and ultimately benefit the consumer. The path taken by the Competition Council is the path taken by In the past 7-8 years, we hit a wall. In fact, the production has decreased, the quality of the car has decreased, and the consumer has also suffered. We believe that this is the path that fails and is the right way for both the producer to make a profit and the quality product to reach the consumer.

The head of the Securities and Exchange Organization said about the supply of exclusive goods (cars) in the competitive market: We do not believe that it is exclusive.

* Automobile is one of the industries whose producers are always limited

In response to the question of whether you believe that cars are not a monopoly product in our country, Eshghi explained: There is not a monopoly market in all sectors; If this is the case, the car is an exclusive product all over the world. How many car manufacturers do we have in the big car producing countries? are limited, the automobile is one of the industries whose producers are always limited; We have different cars in the market in a price range. Now due to investment, the demand for cars has increased and we say exclusive, but if there was no investment demand, the car supply we have now is proportional to the real demand.

Regarding some comments that the difference between the price of the car in the stock market and its cost price along with a reasonable profit should not be given to car manufacturers so that the car manufacturers cannot engineer the supply of cars in the stock market, he said: We believe that with other methods, conditions can be set that the car manufacturer cannot engineer, if the supply floor is determined and the conditions for supply are considered, the car manufacturer cannot engineer. We believe that if a reasonable base price is determined, this difference can be reduced within a few months and become zero, and it will not be so competitive.

In response to the question of whether there is a necessary mechanism to prevent the engineering and management of car manufacturers in the stock exchange, Eshghi explained: Almost no, nothing has been considered with this commodity exchange mechanism; Due to the issue of the competition council, the supply of cars in the stock market was almost stopped and we have to make a decision again in the high council of the stock exchange.

* What was the reason for the unprecedented fall of the stock market last week?

He also answered that although the car was sold in the commodity exchange, but the stock market fell last week, what was the reason? He explained: With the entry of the competition council, the car supply in the commodity exchange was stopped, and this was a very bad signal for the market. The unprecedented fall of the stock market was after the supply was stopped. Offering the car in the stock market is a sign that we should move away from the mandatory pricing and respect the rights of the shareholders. When this issue was ruled out, an atmosphere of mistrust was created, causing the demand for the stock to decline and the buyers of the stock to withdraw and prices to fall.

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