Will the new promise affect the entry of cars into the stock market?

According to Tejarat News, the director of physical market development of Iran Commodity Exchange announced the design of a new model for the supply of cars in the Commodity Exchange and the holding of coordination meetings between car manufacturers and the Commodity Exchange.

The automaker is sold through standard futures contracts. Buyers can also pre-purchase the car in the form of a futures contract and receive the car from the automaker at the maturity of the contract.

With the implementation of this plan, the car will become a single price and a price that is the same price discovered in the commodity exchange.

Is it possible?

In an interview with Tejarat News, Bahram Shahriari, an automotive expert, said: “The appropriate price determinant will be created in the field of competition.” Pricing in any other form is mandatory and is considered rent.

He added: “In my opinion, the method of selling cars in the commodity exchange is unknown.” These are different ways to control prices. But in the end, when supply and demand do not balance, this plan does not have the capacity to be implemented. As long as the selling price is based on the price, the price of the car will be high.

The car expert explained: The car supply plan in the commodity exchange is based on mandatory pricing. If it helps the car market, it is temporary and does not seem to be succeeding.

Shahriari continued: “People do not have the power to buy cars and only dealers buy and sell.” Any plan that is implemented is ultimately related to the purchasing power of the people.

Does it affect prices?

Babak Sadraei, an automotive expert, told Tejarat News: “It does not seem that this plan will be implemented.” Because the price of a car depends on more important factors than the supply of the car. The price of a car initially depends on the price of the dollar. In the event that the price of the car to Vienna talks It depends, with these issues the price of the car does not change or even stabilize.

“People are waiting for a negotiated agreement,” he said. If an agreement is reached, there may be a market shock and the previous situation will return after two to three months. Because economic realities such as inflation and sanctions are raised.

Start offering the car to the stock exchange with luxuries?

At a meeting held on November 4, the Exchange Organization announced the arrival of luxury cars on the exchange.

Accordingly, the message of Elias Kurdi, a stock trader, had a different opinion regarding the entry of luxury cars into the stock market. He said: “It is possible that the government will step back from orderly pricing of cars and is looking for a solution to abolish pricing, but until the cars enter the stock market, its impact on prices can not be predicted.”

According to Elias Kurdi’s message, the government is considering luxury cars as a starting point to get closer to its plan. Because there is less sensitivity on the part of the public.

Read the latest car news on the Tejarat News car news page.