TEHRAN – The Iran Mercantile Exchange (IME) has reported that over 2,808,878 tonnes of commodities and 588 vehicles with a total trading value of more than $769 million on its physical market in the last week.
The IME said that on its metals and minerals trading floor, over 2,281,504 tonnes of commodities including, 1,217,932 tonnes of cement, 547,426 tonnes of steel, 399,000 tonnes of iron ore, 104,100 tonnes of sponge iron, 10,340 tonnes of aluminum, 8,872 tonnes of copper, 1,850 tonnes of zinc, 200 tonnes of molybdenum concentrate, 100 tonnes of cast iron and 75 tonnes of precious metals concentrate, and 588 vehicles with total value of $561 million were traded in the last week.
And also, over 511,237 tonnes of oil and petrochemical commodities, including 149,000 tonnes of vacuum bottom, 143,223 tonnes of bitumen, 89,550 tonnes of polymeric products, 84,000 tonnes of lube cut, 37,970 tonnes of chemicals, 4,247 tonnes of oil, 3,200 tonnes of sulfur, 552 tonnes of petroleum products, 180 tonnes of feedstocks and 170 tonnes of insulation with total value of $197 million were traded in the last week.
Commodities traded on this floor included The IME also traded within the same week 16,136 tonnes of commodities on its side market.