IME Weekly Trade Tops $804mn
TEHRAN – The Iran Mercantile Exchange (IME) on Sunday reported that over 3,112,323 tonnes of commodities with a total trading value of nearly $804 million were traded in the its domestic and exporting halls, posting growths of 4% and 21% in volume and value.
The IME report said that over 2,506,566 tonnes of metal and mineral commodities including, 1,396,003 tonnes of cement, 550,609 tonnes of steel, 514,000 tonnes of iron ore, 124,300 tonnes of sponge iron, 10,675 tonnes of aluminum, 9,614 tonnes of copper, 1,115 tonnes of zinc and 250 tonnes of molybdenum concentrate were traded with total value of $531 million in its trading halls in the last week.
The IME said on both domestic and export rings of its oil and petrochemical trading floor, over 593,774 tonnes of commodities including 159,000 tonnes of vacuum bottom, 113,327 tonnes of polymeric products, 42,146 tonnes of chemicals, 35,300 tonnes of lube cut, 4,890 tonnes of sulfur, 4,797 tonnes of oil, 1,295 tonnes of bitumen, 540 tonnes of feedstocks and 104 tonnes of petroleum products with total valued at more than $258 million were traded in the last week.
The IME also traded within the same week 11,982 tonnes of goods on its side market.