TEHRAN - The Iran Mercantile Exchange (IME) has reported that around 1.582 million tonnes of commodities with a total trading value of more than $393 million traded in its domestic trading and exports halls in the past working week
The IME said that 1.264 million tonnes of metal and mineral products, including 5.176 million tons of cement, 1.452 million tons of steel, 521,000 tons of iron ore, 172,000 tons of sponge iron (DRI), 31,445 tons of aluminum, 30,535 of zinc, 29,100 tons of copper, 560 tons of molybdenum concentrate, 200 tons of metallurgical coke, 81 tons of precious metals concentrate and 63 kg of gold bars with total value of $222.4 million were traded in the IME domestic and exports halls in the last week.
The report also added that over 310,566 tonnes of various oil and petrochemical products, including 47,000 tons of vacuum bottom, 441,510 tons of bitumen, 324,851 tons of polymeric products, 150,081 tons of chemicals, 135,000 tons of lube cut, 15,682 tons of oil, 13,850 tons of sulfur, 546 tons of insulation and 50 tons of argon with total value of $165.5 million were traded in the IME halls.
Last but not least was the IME’s side market with 7,013 tons of commodities traded on it.