Will the supply of cars be canceled in the commodity exchange?/ The Ministry of Security is looking for a profitable market

According to Tejarat News, after a lot of delays, the sale of cars in the stock market has finally reached the stage of implementation, and now that six months have passed since the sale of cars in the capital market, thousands of cars have been sold.
Among the supply of different cars in the commodity exchange, the car manufacturers and the Ministry of Post Office went through many heights. For example, Bahman Motor’s Dignity Prestige car reached the price of two billion and 100 million tomans in the commodity exchange, which is more than the open market price. Of course, hours after the announcement of the final price of this car, the Commodity Exchange canceled the Dignity Prestige transactions.
When various cars were sold in the commodity exchange at a price higher than the factory price and close to the free market price, the Ministry of Silence announced that the supply of cars in the commodity exchange continued with strength and favored the sale of automobile manufacturers’ products in the capital market.
The officials of the Ministry of Security believed that the supply of cars in the commodity exchange will bring transparency in the car pricing process and balance the prices. On the other hand, this action makes cars reach only real consumers and people don’t go to buy cars for investment.
In the meantime, it should be pointed out that the claim of the Ministry of Silence was true to some extent. Because after several times of offering Shaheen in the commodity exchange, the finished price reached about the same as the price of those products at the door of the factory. On the other hand, only about 1000 of the 4000 Sahins were sold.
The change of front of the ministry of privacy in the supply of cars in the commodity exchange
After the buyers did not welcome Shahin in the commodity exchange, the competition council decided to re-enter the car pricing discussion. A little later, the spokesperson of the Ministry of Industry announced that a new car will not be offered on the market until the pricing mechanism is determined.
Omid Qalibaf stated: The supply of cars that were previously carried out in the stock market can continue until the joint pricing framework is reached with the Competition Council, but this ministry cannot give a new license to be sold in the stock market until the issue of pricing is finalized. For this reason, Dana’s supply was canceled.
Experts say that these words of the spokesperson of the Ministry of Silence indicate the return of rent and the cancellation of the sale of cars in the commodity exchange. Earlier, the ministry of secrecy was 100% against the supply of cars on the commodity exchange, but it changed its position due to higher profits and these days it has returned to its main role of opposing the supply of cars on the commodity exchange.
The supply of cars in the commodity exchange was resumed with the letter of Majid Eshghi, the Minister of Economy, and as such Senate He announced that the cars will be sold in this environment from tomorrow morning.
Car sales in a more profitable environment?
Looking at the statistics of car sales in the capital market, it can be seen that car manufacturers reached more than 500 billion tomans from the sale of cars in the capital market.
Although the supply of cars from the commodity exchange has resumed, there are speculations that the sale of cars in the capital market will be stopped altogether, after which the pricing process will be handed over to the competition council again, in which case car manufacturers can sell their products with sell at a higher price than the previous prices.
Although experts believe that the competition council’s entry into the discussion of car pricing means interfering in the work of the consumer and producer protection organization, such events have occurred over the past years. But not only the problems related to the price issue were not solved, but these days the instability of the prices and the loss of the competitive environment have also increased. That is, the Competition Council has in practice created a monopoly in the market.
It seems that the ministry made the commodity exchange an excuse to make more profit and not to liberalize the mandatory pricing of the car. This is why the government is again looking for a new mechanism to determine the car price.
Now we have to wait and see if the ministry of privacy will give up their profit and allow the car to be priced in a transparent and non-mandatory market or not?
To read more, read News Government policies drive up car prices / Increasing monopoly with mandated pricing.