IME Weekly Trade Tops $630 Million

Date: 04 November 2023 - 21:38

News ID: ۱۲۱۰۸۰

TEHRAN – The Iran Mercantile Exchange (IME) on Saturday reported that over 2,597,357 tonnes of commodities with a total trading value of more than $632 million were traded on its physical market.
The IME’s report added that on its metal and mineral trading floor,
Over 275,998 tonnes of cement, 362,000 tonnes of iron ore, 296,982 tonnes of steel, 118,000 tonnes of sponge iron, 12,759 tonnes of copper, 6,910 tonnes of aluminum, 885 tonnes of zinc, 200 tonnes of molybdenum concentrate, 175 tonnes of lead and 45 tonnes of precious metals concentrate with total value of $368 million were traded in the last week.
IME said that over 514,423 tonnes of and petrochemical commodities, including 184,461 tonnes of bitumen, 123,800 tonnes of vacuum bottom, 103,620 tonnes of polymeric products, 63,000 tonnes of lube cut, 31,067 tonnes of chemicals, 7,437 tonnes of oil, 550 tonnes of sulfur, 450 tonnes of waterproofing materials and 280 tonnes of feedstocks $252 million were traded in the IME’s trading halls in the last week.
The IME also traded within the same week 12,933 tonnes of goods on its side market.