TEHRAN – The Iran Mercantile Exchange (IME) on Sunday reported that over 1,557,170 tonnes of commodities with a total value of more than 381 million were traded in domestic and exporting halls in the last week.
The IME reported that over 1,244,000 tonnes of metals and minerals commodities including 985,404 tonnes of cement, 168,943 tonnes of steel, 58,000 tonnes of sponge iron, 30,000 tonnes of iron ore, 25 tonnes of zinc and 2,675 tonnes of aluminum with total value of $161 million were traded in the IME halls.
It also added, 310,004 tonnes of oil and petrochemical commodities, including 85,000 tonnes of vacuum bottom, 70,775 tonnes of bitumen, 68,217 tonnes of polymeric products, 56,000 tonnes of lube cut, 26,363 tonnes of chemicals, 2,564 tonnes of base oil, 80 tonnes of sulfur and 50 tonnes of argon with total value of more than $216 million were traded in trading halls.
Last but not least was the IME’s side market with 2,263 tonnes of commodities traded on it.