TEHRAN (Dispatches) – The Iran Mercantile Exchange (IME) on Saturday reported that around $357mn of various commodities weighting over 690,935 tons were traded in its domestic trading and exports halls in the past working week (April 7-12).
The IME said over 690,935 tons of commodities worth over $357 million were traded in Iran Mercantile Exchange, the trade volume and value experienced a 440% and 288%, respectively.
Moreover the domestic and export metal and mineral trading floor of IME, 184,677 tons of various products worth close to $142 million were traded.
On this trading floor, 165,820 tons of steel products, 10,000 tons of sponge iron, 6,205 tons of copper, 1,000 tons of cement, 1,500 tons of aluminum, 140 tons of molybdenum concentrates, 12 tons of precious metal concentrates as well as 30 tons of gold bullion were traded.
The report declares that on domestic and export oil and petrochemical trading floors of IME, 427,724 tons of different commodities with the total value of $188.3 million were traded.
And also, o this trading floor, more than 99,761 tons of bitumen, 49,193 tons of polymer products, 224,800 tons of VB feed stock as well as 14,780 tons of lube-cut oil, 14,734 tons of chemical products, 19,650 tons of sulfur, 1,274 tons of insulation, 2,500 tons of slaps waxes, 20 tons of argon and 1,012 tons of heavy paraffin wax were traded.
Moreover, on the agricultural trading floor of IME, 74,325 tons of various commodities worth over $21.8 million were traded. On this trading floor, 59,000 tons of wheat, 200,000 day old chicks, 1,300 tons of crude vegetable oil, 400 tons of feed barley, 100 kg of saffron as well as 13,425 tons of sugar were traded by customers.
It is worth noting that during this week; the side market of IME witnessed trading of 125 tons of mineral products and 2,200 tons of agricultural commodities.