IME Weekly Trade Exceeds $470mn

Date: 05 November 2022 - 21:46

News ID: ۱۰۸۶۲۹

TEHRAN - The Iran
Mercantile Exchange (IME) on Saturday reported that over 2,032,025 tonnes of commodities with a total trading value of $478 million were traded on its physical market in the last market.
The IME report said that on its metals and minerals trading floor trade over 1,597,000 tonnes of commodities including 1,162,735 tonnes of cement, 130,000 tonnes of iron ore, 199,645 tonnes of steel, 77,500 tonnes of sponge iron, 15,020 tonnes of zinc, 7,325 tonnes of aluminum, 8,709 tonnes of copper, 200 tonnes of molybdenum concentrate, 78 kg of gold bars and 251 vehicles with total value of $249 million were traded on its trading halls in the last week.
It added that, over 428,957 tonnes of oil and petrochemical commodities, including 93,994 tonnes of polymeric products, 110,000 tonnes of vacuum bottom, 60,000 tonnes of lube cut, 33,486 tonnes of chemicals, 2,000 tonnes of sulfur, 5,847 tonnes of base oil, 300 tonnes of insulation and 122,780 tonnes of bitumen with total value of $222 million were traded in its domestic and exporting halls.
The IME also traded within the same week 5,934 tonnes of commodities on its side market.