TEHRAN - The Iran Mercantile Exchange (IME) on Saturday reported that over 2,082,446 tonnes of commodities and 2,623 vehicles with a total value of nearly $808 million were traded on its physical market in the last week.
The IME’s report said that, on its metals and minerals trading floor, over 895,287 tonnes of cement, 325,000 tonnes of iron ore, 322,180 tonnes of steel, 47,000 tonnes of sponge iron, 21,950 tonnes of zinc, 10,825 tonnes of aluminum, 9,330 tonnes of copper, 200 tonnes of molybdenum concentrate, 2 kg of gold bars and 2,623 vehicles with total value of $540 million were traded in the last week.
The IME also added that over 448,507 tonnes of oil and petrochemical commodities, including 146,890 tonnes of bitumen, 99,000 tonnes of vacuum bottom, 111,231 tonnes of polymeric products, 45,500 tonnes of lube cut, 41,083 tonnes of chemicals, 900 tonnes of sulfur, 3,892 tonnes of base oil and 500 tonnes of petroleum productswith total value of $264 million were traded on its trading halls.
The IME also traded within the same week 2,616 tonnes of commodities on its side market.