TEHRAN – THE Iran Mercantile Exchange (IME) on Saturday reported that over 2,531,054 tonnes of commodities with a total value of more than $781 million were traded on its physical market in the week.
The IME’s report said that on its metal and mineral trading floor, over 2,065,000 tonnes of commodities, including over 1,086,868 tonnes of cement, 330,000 tonnes of iron ore, 537,718 tonnes of steel, 112,500 tonnes of sponge iron, 5,025 tonnes of zinc, 7,725 tonnes of aluminum, 8,000 tonnes of copper, 200 tonnes of molybdenum concentrate, 53 kg of gold bars and 4,800 vehicles with total value of $541 million were traded in the last week.
The report added that over 431,306 tonnes of oil and petrochemical commodities, including 867,757 tonnes of polymeric products, 115,000 tonnes of vacuum bottom, 38,500 tonnes of lube cut, 39,429 tonnes of chemicals, 1,200 tonnes of sulfur, 260 tonnes of argon, 5,409 tonnes of base oil, 600 tonnes of insulation and 141,967 tonnes of bitumen with total value $220 million were traded on its domestic and exporting halls.
The IME also traded within the same week 34,531 tonnes of commodities on its side market.