TEHRAN – The Iran Mercantile Exchange (IME) on Saturday reported that around $464 million of various commodities weighting over 1,817,000 tonnes were traded in its domestic trading and exports halls - showing 13% of growth in terms of volume and value as compared to the figures of the previous week .
The report said that 1,323,000 tonnes of metal and mineral products including 980,520 tonnes of cement, 184,807 tonnes of steel, 11,325 tonnes of copper, 6,725 tonnes of aluminum, 15 tonnes of precious metals concentrate, 4,050 tonnes of zinc, 135,000 tonnes of iron ore, 2,000 tonnes of coke, 20 kg of gold bars and 2,500 tonnes of sponge iron with value of $ 217 million were traded in exporting hall last week.
It also said that 484,132 tonnes of different oil and petrochemical commodities including 211,000 tonnes of vacuum bottom, 104,000 tonnes of bitumen, 75,393 tonnes of polymeric products, 33,935 tonnes of chemicals, 33,500 tonnes of lube cut, 4,989 tonnes of base oil, 500 tonnes of slops wax, 105 tonnes of insutation and 20,800 tonnes of sulfur with total value of $236mn were traded.
It’s worth noting that the IME witnessed trade of 400 kg of saffron on its agricultural trading floor.
Last but not least was the IME’s side market with 9,611 tonnes of commodities traded on it.