IME Weekly Trade Tops $504mn

Date: 12 February 2022 - 21:48

News ID: ۹۹۹۵۶

TEHRAN – The Iran Mercantile Exchange (IME) on Saturday reported that around 11,805,000 tonnes of commodities with a total trading value of more than $504 million traded in its domestic trading and exports halls in the past working week.
The IME said that 1,340,000 tonnes of metal and mineral products, including 961,766 tonnes of cement, 186,785 tonnes of steel, 98,000 tonnes of iron ore, 84,000 tonnes of sponge iron, 14,525 tonnes of aluminum, 4,240 tonnes of copper, 1,445 tonnes of zinc ingots, 150 tonnes of molybdenum concentrate, 50 tonnes of lead and 9 tonnes of precious metals concentrate with total value of $230 million were traded in the IME domestic and exports halls in the last week.
The report also added that over 446,134 tonnes of various oil and petrochemical products, including 199,000 tonnes of vacuum bottom, 93,103 tonnes of bitumen, 68,792 tonnes of polymeric products, 28,215 tonnes of chemicals, 45,000 tonnes of lube cut, 11,930 tonnes of sulfur and 3,186 tonnes of base oil with total value of $260 million were traded in the IME halls.
Last but not least was the IME’s side market with 18,685 tonnes of commodities traded on it.