IME Weekly Trade Exceeds 3mn Tonnes

Date: 19 August 2023 - 21:54

News ID: ۱۱۸۴۴۰

TEHRAN – The Iran Mercantile Exchange (IME) on Saturday reported that over 3,095,070 tonnes of commodities with a total trading value of more than $ 801 million were traded on its physical market, posting growths of 3.5% and 2.3% in value and volume of trades compared to the figures of the previous week.
The IME report said that its metals and minerals trading floor, over 2,497,916 tonnes of commodities, including 1,158,006 tonnes of cement, 595,000 tonnes of iron ore, 531,365 tonnes of steel, 206,000 tonnes of sponge iron, 7,233 tonnes of copper, 5,300 tonnes of aluminum, 800 tonnes of cast iron, 300 tonnes of coke and 290 tonnes of molybdenum concentrate with total value of $530 million were taraded in the last week.
Based on this report, the exchange saw trade of 400 kg of saffron on its agricultural trading floor.
The report also added that on both domestic and export rings of its oil and petrochemical trading floor, over 578,451 tonnes of commodities including 182,000 tonnes of vacuum bottom, 181,506 tonnes of bitumen, 96,549 tonnes of polymeric products, 68,500 tonnes of lube cut, 39,133 tonnes of chemicals, 5,776 tonnes of oil, 2,758 tonnes of petroleum products, 2,520 tonnes of sulfur, 1,000 tonnes of slop wax, 300 tonnes of insulation and 290 tonnes of feedstocks with total value of $258 million were traded in the last week.