TEHRAN – Iran Mercantile Exchange (IME) on Sunday reported that around $399 millions of various commodities weighting over 1,606,000 tonnes were traded in its domestic trading and exports halls in the past working week.
The Report said that 1,222,000 tonnes of metal and mineral products, including 938,860 tonnes of cement, 263,452 tonnes of steel, 1,220 tonnes of copper, 3,690 tonnes of aluminum, 300 tonnes of molybdenum concentrate, 15 tonnes of precious metals concentrate, 310 tonnes of zinc, 20 kg of gold bars and 20,000 tonnes of sponge iron with the total value of $190 million were traded in the IME domestic and exports halls in the last week.
Furthermore, the IME said 376,227 tonnes of various oil and petrochemical products, including 103,000 tonnes of vacuum bottom, 101,513 tonnes of bitumen, 86,830 tonnes of polymeric products, 34,464 tonnes of chemicals, 34,500 tonnes of lube cut, 3,060 tonnes of base oil, 3,000 tonnes of slops wax, 105 tonnes of insulation and 20,880 tonnes of sulfur with total value of 199 million were traded in its domestic and exports halls during the last week.
It’s worth noting that the IME witnessed trade of 500 kg of saffron on its agricultural trading floor.
Last but not least was the IME’s side market with 7,764 tonnes of commodities traded on it.