TEHRAN – The Iran Mercantile Exchange (IME) on Saturday reported that over 1,861,842 tonnes of commodities with a total trading value of more than $374 million were traded on its physical market in the last week.
The IME’s report said that, over 1,550,000 tonnes of metal and mineral commodities, including 844,516 tonnes of cement, 445,000 tonnes of iron ore, 118,752 tonnes of steel, 127,000 tonnes of sponge iron, 2,175 tonnes of zinc, 8,600 tonnes of aluminum, 4,200 tonnes of copper, 200 tonnes of molybdenum concentrate and 11 kg of gold bars with total value of $217 million were traded on its domestic and exporting halls in the last week.
It also added on oil and petrochemical trading floor, over 300,644 tonnes of commodities including 82,952 tonnes of polymeric products, 65,600 tonnes of vacuum bottom, 12,000 tonnes of lube cut, 26,954 tonnes of chemicals, 36,000 tonnes of sulfur, 3,579 tonnes of base oil, 100 tonnes of insulation and 72,085 tonnes of bitumen with total value of $155 million were traded on its trading halls.
The IME also traded within the same week 11,155 tonnes of commodities on its side market.