IME Weekly Trade Tops $856 Million
TEHRAN – The Iran Mercantile Exchange (IME) on Saturday reported that over 2,700,000 tonnes of commodities with a total trading value of more than $856 million traded in its domestic trading and exports halls in the past last week.
The IME said over 2,195,000 tonnes of metal and mineral products, including, 1,295,000 tonnes of cement, 456,222 tonnes of steel, 321,000 tonnes of iron ore, 100,500 tonnes of sponge iron, 7,310 tonnes of zinc, 18,575 tonnes of aluminum, 7,020 tonnes of copper, 240 tonnes of molybdenum concentrate, 200 tonnes of lead and 22 kg of gold bars with total value of $531mn were traded in the IME domestic and exports halls.
And it also added, over 487,112 tonnes of various oil and petrochemical products, 100,076 tonnes of polymeric products, 108,849 tonnes of bitumen, 198,000 tonnes of vacuum bottom, 36,000 tonnes of lube cut, 41,555 tonnes of chemicals, 2,375 tonnes of sulfur and 2,247 tonnes of base oil with total value of $309 million were traded in the IME halls.
Last but not least was the IME’s side market with 18,583 tonnes of commodities traded on it.