TEHRAN – The Iran Mercantile Exchange (IME) on Sunday reported that over 2,846,645 tonnes of commodities with a total trading value of nearly $972 million were traded on its markets, posting growths of 36% in volume and 20% in value of trades compared to the figures of the previous week.
The IME’s report added that over 2,363,286 tonnes of metal and mineral commodities including, 1,027,702 tonnes of cement, 720,000 tonnes of iron ore, 636,279 tonnes of steel, 28,800 tonnes of zinc, 10,705 tonnes of aluminum, 7,870 tonnes of copper and 200 tonnes of molybdenum concentrate with total value of $693 million were traded on its trading halls in the last week.
It also added that on both domestic and export pits of its oil and petrochemical trading floor, over 411,505 tonnes of commodities including 108,813 tonnes of polymeric products, 99,494 tonnes of bitumen, 94,000 tonnes of vacuum bottom, 43,000 tonnes of lube cut, 39,453 tonnes of chemicals, 23,680 tonnes of sulfur, 4,242 tonnes of base oil, 604 tonnes of petroleum products and 200 tonnes of insulation with total value of $243 million were traded in the last week.
Last but not least was the IME’s side market with 50,043 tonnes of commodities traded on it.