TEHRAN – The Iran Mercantile Exchange (IME) on Saturday reported that over 1,977,505 tonnes of commodities with a total trading value of more than $464 million were traded on its physical market in the last week.
The IME’s report said that, on its metals and minerals trading floor trade of 1,654,000 tonnes of commodities including, 1,127,146 tonnes of cement, 90,000 tonnes of iron ore, 304,284 tonnes of steel, 103,500 tonnes of sponge iron, 24,945 tonnes of zinc, 10,010 tonnes of aluminum, 5,200 tonnes of copper, 200 tonnes of molybdenum concentrate and 25 kg of gold bars with the value of $274 million were traded on its trading halls.
It also added that, over 309,826 tonnes of oil and petrochemical commodities including, 95,246 tonnes of polymeric products, 43,680 tonnes of vacuum bottom, 25,000 tonnes of lube cut, 34,499 tonnes of chemicals, 1,000 tonnes of sulfur, 4,083 tonnes of base oil, 1,050 tonnes of insulation and 105,099 tonnes of bitumen with total value of $181 million were traded on exporting and domestic halls in the last week.
The IME also traded within the same week 13,284 tonnes of commodities on its side market.