IME trades commodities valued at USD720M in one week| MENAFN.COM

Monday, 08 August 2022 03:59 GMT

IME trades commodities valued at USD720M in one week


(MENAFN) Throughout the last Iranian calendar week (ended on Friday), 2,294,055 tons of commodities valued at USD720 million were exchanged at Iran Mercantile Exchange (IME).

As mentioned in reports by the IME’s Public Relations and International Affairs Department, the exchange traded on its metals and minerals exchange floor 1.974 million tons of commodities worth over USD495 million.

On this floor the IME traded 1.263 million tons of cement, 566,843 tons of steel, 96,000 tons of sponge iron, 36,970 tons of zinc, 6,500 tons of aluminum, 6,501 tons of copper, 200 tons of molybdenum concentrate as well as 6 kg of gold bars.

Additionally, the IME saw on both internal and export rings of its oil and petrochemical exchange floor 313,292 tons of commodities value at over USD219 million.

Commodities exchanged on this floor contained 78,691 tons of polymeric products, 50,400 tons of vacuum bottom, 41,500 tons of lube cut, 39,191 tons of chemicals, 2,040 tons of sulfur, 4,055 tons of base oil, 110 tons of feed gas, 99,298 tons of bitumen in addition to 225 tons of insulation.

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