TEHRAN - Iran Mercantile Exchange (IME) on Saturday reported that over 824,288 tonnes of commodities with a total trading value of $384 million, showing 31% and 18% of growth in terms of volume and value respectively, were traded in its domestic trading and exports halls in the past working week
The report said that 438,651 tonnes of metal and mineral products, including 185,564 tonnes of steel, 4,720 tonnes of copper, 8,850 tonnes of aluminum, 250 tonnes of molybdenum concentrate, 400 tonnes of metallurgical coke, 12 tonnes of precious metal concentrate, 585 tonnes of zinc ingots, 194,270 tonnes of cement, 11 kg of gold bars, 9,000 tonnes of sponge iron and 35,000 tonnes of iron ore pellets with total value of $216 million were traded in the IME domestic and exports halls in the last week.
It added 383,664 tonnes of various oil and petrochemical products, including 85,000 tonnes of vacuum bottom, 154,368 tonnes of bitumen, 66,580 tonnes of polymeric products, 31,155 tonnes of chemicals, 38,000 tonnes of lube cut, 110 tonnes of argon, 1,270 tonnes of sulfur, 455 tonnes of insulation, 1,976 tonnes of PDA tar and 4,750 tonnes of base oil & slack wax, floor with total value of $167 million were traded in the IME domestic and exports halls.
Also, the exchange played host to trading of 1,973 tonnes of commodities on its side market.