IME Weekly Trade Exceeds $620 Million

Date: 13 May 2023 - 23:14

News ID: ۱۱۵۰۱۳

TEHRAN – The Iran Mercantile Exchange (IME) onSaturay reported that over 2,958,011 tonnes of commodities and 100 vehicles with a total trading value of more than $628 million were traded on its physical marketinn the last week.
The IME’s report added, over 2,520,596 tonnes of metal and mineral commodities, including1,249,659 tonnes of cement, 754,000 tonnes of iron ore, 372,507 tonnes of steel, 131,000 tonnes of sponge iron, 7,415 tonnes of aluminum, 7,025 tonnes of copper, 2,000 tonnes of coke, 780 tonnes of zinc, 200 tonnes of molybdenum concentrate and 100 vehicles with total value of $427 million traded on domestic trading halls of IME in the last week.
Furthermore, the IME reported that on both domestic and export rings of its oil and petrochemical trading floor, over 428,994 tonnes of commodities, including 133,000 tonnes of vacuum bottom, 127,752 tonnes of bitumen, 97,858 tonnes of polymeric products, 39,388 tonnes of chemicals, 19,000 tonnes of lube cut, 9,000 tonnes of sulfur, 3,466 tonnes of base oil, 900 tonnes of insulation, 500 tonnes of petroleum products and 110 tonnes of gas feedstocks with total value of $196 million were traded in the last week.
The IME also traded within the same week 8,420 tonnes of commodities on its side market.