Domestic Sales Process
Sales via Iran Mercantile Exchange (IME)
PGPICC offers approved petrochemical products for sale through the Iran Mercantile Exchange. This ensures transparency, price discovery, and equal opportunity for registered domestic buyers.
Rules & Regulations:
- Only licensed companies with IME membership can participate.
- Product pricing and quantities are determined in accordance with government and industry guidelines.
- Transactions are settled under IME financial clearing mechanisms.
Instructions:
- Ensure your company is registered with IME.
- Track published sale notices for your product category.
- Submit bids through the IME portal during the open offer period.
Internal Trade Instructions:
- Sales are scheduled weekly or monthly based on inventory levels.
- No direct contact is allowed until post-auction confirmation.
- Final sales contract is issued by PGPICC’s domestic sales unit after IME approval.
Domestic Sales Process
Purchase via Iran Mercantile Exchange (IME)
Domestic buyers can purchase available petrochemical products from PGPICC through the IME bidding system under regulated, secure procedures.
Rules & Regulations:
- Buyer must possess a valid commercial license.
- Pre-deposit and bid margin requirements apply.
- Only certified buyers approved by the IME can participate.
Instructions:
- View available offerings published on the IME website.
- Place purchase orders within defined bidding periods.
- Confirm transaction and arrange for product collection post-settlement.
Internal Trade Instructions:
- PGPICC confirms delivery only after IME finalization.
- Buyers must submit company profile documents annually.
- Failure to complete payment forfeits future bidding rights.
