TTHRAN – The Iran Mercantile Exchange (IME) on Sunday reported that around 7,297,000 tonnes of commodities with a total trading value of more than $2 billion traded in its domestic trading and exports halls in the past month.
The IME reported that over 1,529,000 tonnes of various oil and petrochemical products, including 415,000 tonnes of vacuum bottom, 490,000 tonnes of bitumen, 306,534 tonnes of polymeric products, 171,000 tonnes of lube cut, 108,463 tonnes of chemicals, 26,285 tonnes of sulfur, 14,653 tonnes of oil, 450 tonnes of argon and 225 tonnes of insulation with total value of $856 million were traded in the IME halls.
It also added that ,724,000 tonnes of metal and mineral products, including 3,606,000 tonnes of cement, 1,332,000 tonnes of steel, 367,000 tonnes of iron ore, 241,000 tonnes of sponge iron, 35,090 tonnes of aluminum, 133,340 tonnes of zinc, 26,911 tonnes of copper, 630 tonnes of molybdenum concentrate, 500 tonnes of coke, 500 tonnes of lead, 42 tonnes of precious metals concentrate and 23 kg of gold bars with total value of 1 billion were traded in the IME domestic and exports halls in the last month.
On its agricultural trading floor the exchange saw offering of 50 kg of saffron strands.
It’s worth noting that the IME also played host to trade of 43,899 tonnes of commodities on its side market.