IME Weekly Trade Posts $454mn
TEHRAN – The Iran Mercantile Exchange (IME) on Saturday announced that around $454mn of various commodities weighting over 782,000 tonnes were traded in its domestic trading and exports halls in the past working week.
The IME reported that over 1,474,000 tonnes of metal and mineral products including 1,000,060 tonnes of cement, 269,529 tonnes of steel, 100,000 tonnes of iron ore, 20,800 tonnes of zinc, 15,500 tonnes of sponge iron, 6,520 tonnes of copper, 3,585 tonnes of aluminum, 18 tonnes of precious metals concentrate and 24 kg of gold bars with total value of $242mn were traded in the IME domestic and exports halls in the last week.
Furthermore, the IME said over 387,350 tonnes of various oil and petrochemical products, including 182,900 tonnes of vacuum bottom, 81,033 tonnes of polymeric products, 68,844 tonnes of bitumen, 33,927 tonnes of chemicals, 16,000 tonnes of lube cut, 2,817 tonnes of base oil, 990 tonnes of sulfur and 230 tonnes of insulation with the total value of $209mn were traded in its domestic and exports halls during the last week.
Last but not least was the IME’s side market with 10,081 tonnes of commodities traded on it.