IME Weekly Trade Tops $570 Million

Date: 26 August 2023 - 21:49

News ID: ۱۱۸۷۲۲

THEARN- The Iran Mercantile Exchange (IME) on Saturday reported that over 2,575,073 tonnes of commodities with a total trading value of more than $576 million were traded on its physical market in the last week.
The IME’s report said that on its metals and minerals trading floor, over 2,121,176 tonnes of commodities, including 1,143,029 tonnes of cement, 380,000 tonnes of iron ore, 318,300 tonnes of sponge iron, 274,882 tonnes of steel, 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 $368 million were traded in the last week.
IME’s agricultural trading floor traded of 800 kg of saffron in the last week.
Moreover, over429,651 tonnes of oil and petrochemical commodities including 172,350 tonnes of bitumen, 105,000 tonnes of vacuum bottom, 97,795 tonnes of polymeric products, 35,601 tonnes of chemicals, 11,300 tonnes of sulfur, 5,404, tonnes of petroleum products, 3,737 tonnes of oil and 350 tonnes of feedstocks with total value of $198 million were traded in the last week.
The IME also traded within the same week 24,246 tonnes of goods on its side market.