TEHRAN – The Iran
Mercantile Exchange (IME) on Saturday reported that over 2,032,025 tonnes of commodities with a total value of $685 million were traded on its domestic and exporting halls in the last week, logging growths of 18% and 43% in terms of volume and value respectively.
The IME’s report added on its metals and minerals trading floor trade, over 2,432,000 tonnes of commodities including, 1,149,583 tonnes of cement, 106,000 tonnes of iron ore, 623,450 tonnes of steel, 74,000 tonnes of sponge iron, 19,500 tonnes of zinc, 8,325 tonnes of aluminum, 9,000 tonnes of copper, 200 tonnes of molybdenum concentrate and 65 kg of gold barswith total value of $443 million were traded in the last week.
And also it said, over 415,483 tonnes of oil and petrochemical commodities including 92,973 tonnes of polymeric products, 108,000 tonnes of vacuum bottom, 43,000 tonnes of lube cut, 34,764 tonnes of chemicals, 2,450 tonnes of sulfur, 4,665 tonnes of base oil, 400 tonnes of insulation, 100 tonnes of argon and 130,180 tonnes of bitumen with total value of232 million were traded in the last week.
The IME also traded within the same week 12,146 tonnes of commodities on its side market.