IME Weekly Trade Exceeds $550 Million

Date: 03 December 2022 - 21:48

News ID: ۱۰۹۷۱۱

TEHRAN - The Iran Mercantile Exchange (IME) on Saturday reported that over 2,315,255 tonnes of commodities with total trading value of $559 million were traded on its domestic and exporting halls, logging growths of 18% and 22% in terms volume and value respectively in the week.
The IME’s report said that on its metals and minerals trading floor over 1,899,000 tonnes of commodities including 1,197,546 tonnes of cement, 284,000 tonnes of iron ore, 277,303 tonnes of steel, 106,500 tonnes of sponge iron, 25,350 tonnes of zinc, 5,975 tonnes of aluminum, 4,110 tonnes of copper, 2,000 tonnes of cast iron, 150 tonnes of molybdenum concentrate, 134 kg of gold bars and 2,118 vehicles with total value of $336 million were traded in the last week.
The report added that over 393,337 tonnes of oil and petrochemical commodities including, 90,443 tonnes of polymeric products, 123,000 tonnes of vacuum bottom, 42,500 tonnes of lube cut, 36,636 tonnes of chemicals, 7,340 tonnes of sulfur, 270 tonnes of argon, 4,668 tonnes of base oil, 200 tonnes of insulation and 86,579 tonnes of bitumen with total value of $219 million were traded on its trading halls.
Last but not least was the IME’s side market with 22,642 tonnes of commodities traded on it.