Pistachio derivatives market opens next week

Financial Tribune – Iran Mercantile Exchange plans to launch a pistachio futures contract in the coming week, a deputy at the IME said Saturday.

According to Alireza Nasserpour, the first pistachio futures contract will be launched in the coming week and mature in the ninth calendar month (Nov.22-Dec.21, 2019), the IME official website reported. He did not give the specific date.

In terms of quality and type of the delicacy, only round pistachios (grade 30-32) will be traded.