IME Weekly Trade Exceeds $341mn
TEHRAN - Iran Mercantile Exchange (IME) on Saturday reported that over 894,604 tonnes of commodities with a total trading value of more than $341 million were traded in domestic and exporting hall of IME in the last week.
The report said that, over 490,000 tonnes metal and mineral commodities, including 153,446 tonnes of steel, 1,820 tonnes of copper, 3,010 tonnes of aluminum, 120 tonnes of molybdenum concentrate, 220 tonnes of zinc ingots, 268,890 tonnes of cement, 400 tonnes of coke, 35,500 tonnes of iron ore, 8 kg of gold bars, 10,000 tonnes of cast iron and 20,000 tonnes of sponge iron with value of $158 million were traded in metal and mineral trading halls.
Furthermore, over 397,728 tonnes of oil and petrochemical commodities incluing 3,075 tonnes of bitumen, 66,481 tonnes of polymeric products, 30,508 tonnes of chemicals, 27,000 tonnes of lube cut, 4,426 tonnes of base oil, 120 tonnes of argon, 1,000 tonnes of slops wax, 615 tonnes of sulfur and 370 tonnes of insulation with value $181 million were traded in the IME.
Also, the exchange played host to trading 7,970 tonnes of commodities on its side market.