Car supply on the stock exchange There are still ambiguities. Due to the overnight decision of the Ministry of Silence, the supply of cars in the commodity exchange was canceled due to the high price of cars with the supply in the exchange.
The Deputy Minister of Transportation Industries of the Ministry of Silence suspended the supply of cars on the stock exchange on 17 June. Suspending a car supply will prevent people from buying a car at a real price. This suspension will end in favor of car dealers.
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Car supply on the stock exchange
On the 28th of Ordibehesht 1401, for the first time, a prosperous and suitable supply was presented. The offer included 850 “Kara” pickup trucks in two types of four cabins and two cabins. Another part of these cars was supposed to be offered on June 9, but the Ministry of Silence suspended it with a night letter.
Manouchehr Manteghi, Deputy Minister of Transportation Industries of the Ministry of Silence, wrote a letter to the Commodity Exchange, citing the resolution of the 63rd meeting of the Economic Coordination Council, in which he stopped the supply of cars on the exchange.
We have all seen car prices rise over the past few years. Most economists and analysts have said that saving the car from rising prices is the supply of cars on the commodity exchange. Experts claim that by increasing the supply and demand mechanism, the problems caused by the increase in car prices can be solved, but the Ministry of Silence believes that the supply of cars on the stock exchange will increase its price.
According to studies, the supply of cars in the commodity exchange will not only increase the price of cars, but also the car market will reach equilibrium. But the Ministry of Silence at a press conference yesterday initially opposed the issue and then stated that it has no problem with the supply of cars on the stock exchange.
Producers will receive an obligation when the goods are admitted to the stock exchange, but this obligation will be different depending on the type of goods. If these obligations are not fulfilled by the producers, it is possible to prevent price discovery in the commodity exchange. The supply and demand mechanism is the main mechanism of the commodity exchange.
Capital and commodity market analysts claim that the officials’ action for the lottery is unstudied and is only used to bring supply and demand closer to the car market.
Now the stock exchange organization is looking for a solution to this issue, because it has no record of doing so anywhere in the world. One of the reasons that the Exchange Organization opposes the lottery is the lack of control over the accounts, because in order to trade on the Commodity Exchange, it is necessary for clients to have a power of attorney account.
With this proxy account, the depositor will be identified. Therefore, it is easier to identify and track who is buying (consumer or broker), which is not possible in the lottery.
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