EghtesadOnline: Contraband cosmetics and toiletries currently account for 70% of the Iranian market, which a direct result of the government’s ban on imports of these products since May 2019, a member of Iran Chamber of Commerce, Industries, Mines and Agriculture said.
EghtesadOnline: Gold coin prices faltered on Tuesday in the domestic market after reaching to the all-time high a session earlier.
EghtesadOnline: Iran Insurance Company, the largest and sole state-owned player in the domestic market, generated 47 trillion rials ($213 million) in premiums in the first three months of fiscal year (March 21- June 21) registering 29% growth year-on-year, the company CEO said.
EghtesadOnline: Esfahan Steel Company (ESCO) supplied 15,000 tons of rails to the domestic market during the first three months of the current Iranian year (March 20-June 20) to register a threefold rise compared with the similar period of last year, according to an official with the company.
EghtesadOnline: The export of alcohol has been banned to ensure there will be no shortage in the domestic market amid the outbreak of the new coronavirus.
EghtesadOnline: Gold and currency prices fell in domestic market at the start of the week on Saturday as Tehran market began responding to de-escalation of political and military tensions in the region.
EghtesadOnline: With the aim of regulating the domestic market, the Ministry of Industries, Mining and Trade will enforce duties on tomato export as of Dec. 22, announced the director general of the ministry’s Economic Affairs and Commercial Policies Office.
EghtesadOnline: Iran's biggest steelmaker Mobarakeh Steel Company's sales in the domestic market are expected to exceed 350 trillion rials ($3.07 billion) by the end of the current fiscal year (March 19, 2020), says the managing director of the company.
EghtesadOnline: The government’s recent ban on exports of certain products, including tea, oilseeds, palm oil, sugar, milk powder, baby formula, butter and meat, is aimed at regulating the domestic market and protecting low-income households, the deputy head of Trade Promotion Organization of Iran said.