kayhan.ir

News ID: 15790
Publish Date : 05 July 2015 - 21:13

IME Monthly Trade Value Hits $981 Million

TEHRAN (IME Intl Affairs) – Iran Mercantile Exchange (IME) traded over $981 million of various commodities with volume of 1,932,000 tons in spot and secondary markets in June 2015.

 "1,932,000 tons of different commodities were traded in Domestic and Export Trading Floors including 1,025,000 tons of various commodities worth more than $492 million in oil and petrochemical trading floor, 766,000 tons of different products worth about $421 million in metals and minerals trading floor, and about 138,000 tons of agricultural products worth $68 million in agricultural trading floor in spot market”, IME International Affairs and PR reported.
Moreover, during this month, export trading floor witnessed trading of 48,000 tons of sulfur worth about $6 million, 202,000 tons of bitumen worth more than $76 million, 3,500 tons of insulation worth more than $1 million, as well as 205,000 tons of iron ore worth approximately $6 million.
In addition, IME experienced trading of 2,880 MT of steel scrap in it secondary market during the same month.
It is worth noting, derivatives market played host to the trading of $ 57,704 cumin seed futures contracts worth more than $220 million gold coin futures contracts and $103,956 soybean meal futures contracts.