IME Weekly Trade Exceeds $850 Million

Date: 14 May 2022 - 22:07

News ID: ۱۰۲۵۴۹

TEHRAN – The Iran
Mercantile Exchange (IME) on Saturday reported that over 2,431,657 tonnes of commodities worth of $854 million were traded in its domestic and exporting halls, which in terms of volume and value experienced 88% and 167% growth respectively in the past week.
The report said that in metals and minerals trading floor, over 2,049,000 tonnes of commodities including 1,093,491 tonnes of cement, 471,000 tonnes of iron ore, 423,675 tonnes of steel, 55,500 tonnes of sponge iron, 9,450 tonnes of aluminum, 14,240 tonnes of copper, 725 tonnes of lead, 580 tonnes of zinc and 200 tonnes of molybdenum concentrate with total value of $526 were traded.
The report also said that over 319,092 tonnes of oil and petrochemical commodities, including 62,490 tonnes of bitumen, 127,830 tonnes of polymeric products, 54,500 tonnes of lube cut, 41,750 tonnes of vacuum bottom, 55,884 tonnes of chemicals, 10,615 tonnes of sulfur, 5,722 tonnes of base oil, 100 tonnes of insulation and 90 tonnes of argon with total value of $311 million were traded in IME’s trading halls.
Commodities traded on this floor included.
The IME also traded within the same week 24,046 tonnes of commodities on its side market.