TEHRAN – The Iran Mercantile Exchange (IME) on Saturday reported that over 2,309,000 tonnes of commodities with a total trading value of nearly $525 million, logging growths of 17% and 34% in terms of volume and value respectively.
The IME’s report said, on its metals and minerals trading floor over 1,186,231 tonnes of cement, 205,000 tonnes of iron ore, 354,903 tonnes of steel, 120,000 tonnes of sponge iron, 17,200 tonnes of zinc, 7,325 tonnes of aluminum, 4,544 tonnes of copper, 200 tonnes of molybdenum concentrate, 20 kg of gold bars and 35 trucks with total value of $317 million were traded in the IME’s trading halls.
The report added over 400,259 tonnes of oil and petrochemical commodities including, 89,569 tonnes of polymeric products, 98,000 tonnes of vacuum bottom, 45,500 tonnes of lube cut, 33,070 tonnes of chemicals, 2,500 tonnes of sulfur, 2,264 tonnes of base oil, 1,015 tonnes of insulation and 124,370 tonnes of bitumen with toatal value of $202 million were traded in domestic and exporting of IME’s halls.
The IME also traded within the same week 15,748 tonnes of commodities on its side market.