IME Weekly Trade Hits $554mn

Date: 22 May 2021 - 21:36

News ID: ۹۰۴۷۷

TEHRAN (Dispatches) - Iran Mercantile Exchange (IME) on Saturday reported that over 861,793 tonnes of commodities with a total value of $554 million, showing 36% and 40% of growth in terms of volume and value respectively, were traded in its domestic trading and exports halls in the past working week.
The reports said that 518,793 tonnes of metal and mineral products, including399, 26 9 tonnes of steel, 1,120 tonnes of copper, 680 tonnes of aluminum, 120 tonnes of molybdenum concentrate, 24 tonnes of precious metals concentrate, 106,000 tonnes of iron ore pellets and concentrate, 480 tonnes of zinc, 100 tonne of lead, 10,000 tonnes of sponge iron (DRI) and 4 kg of gold bars with total value of $350 million were traded in the IME domestic and exports halls in the last week.
And also, 338,363 tonnes of various oil and petrochemical products, including 83,500 tonnes of vacuum bottom, 88,868 tonnes of bitumen, 80,255 tonnes of polymeric products, 38,437 tonnes of chemicals, 43,000 tonnes of lube cut, 3,691 tonnes of base oil, 60 tonnes of argon and 200 tonnes of sulfur with total value of $200 million were traded in the IME domestic and exports halls.
Last but not least was the IME’s side market with 4,423 tonnes of commodities traded on it.