IME Weekly Trade Exceeds $830 Million
TEHRAN – The Iran
Mercantile Exchange (IME) on Saturday reported that over 1,970,854 tonnes of commodities and 10,000 vehicles with a total trading value of more than $836 million were traded on the domestic and exporting halls, posting growths of 4.56% in value of trades respectively in the last week.
The IME’s report said that, on its metal and mineral trading floor, over
1 ,509,259 tonnes of commodities, including 1,080,744 tonnes of cement, 293,472 tonnes of steel, 88,000 tonnes of sponge iron, 29,000 tonnes of iron ore, 9,000 tonnes of copper, 8,225 tonnes of aluminum, 600 tonnes of zinc, 210 tonnes of molybdenum concentrate, 48 tonnes of precious metals concentrate, 15 kg of gold bars and 10,000 vehicles, with total value of $551 million were traded in the last week.
It also added that, over 435,585 tonnes of oil and petrochemical commodities, including 151,634 tonnes of bitumen, 112,555 tonnes of polymeric products, 87,000 tonnes of vacuum bottom, 41,220 tonnes of chemicals, 25,000 tonnes of lube cut, 15,800 tonnes of sulfur, 3,096 tonnes of base oil, 500 tonnes of petroleum products, 200 tonnes of insulation and 190 tonnes of feedstocks, with total value of $278 million were traded.
The IME also traded within the same week 29,515 tonnes of commodities on its side market.