IME monthly trade nears $4b
The Iran Mercantile Exchange (IME) announced that over 11.78 million tons of commodities, worth about $4 billion, were traded in its domestic trading and export halls in the month closing on March 20.
A total of 9.8 million tons of various products including 11,265 vehicles, worth nearly $3 billion, were traded at IME’s domestic and export metal and mineral trading hall, reported ime.co.ir on Wednesday.
Among the traded products were 1.6 million tons of steel, 3.25 million tons of iron ore, 392,100 tons of sponge iron, 238,100 tons of zinc, 39,675 tons of aluminum ingots, 1,500 tons of cast iron, 1,090 tons of molybdenum concentrate, 29,355 tons of copper, 48 tons of precious metals concentrate and 29 kg of gold bars and 4.49 million tons of cement.
In addition, 1.64 million tons of various commodities, valued at about $1 billion, were traded at IME’s domestic and export oil and petrochemical trading halls.
Other traded items were 428,160 tons of polymeric products, 334,000 tons of vacuum bottom, 159,000 tons of lube cut, 146,843 tons of chemical products, 38,900 tons of sulfur, 14,821 tons of base oil, 200 tons of insulation, 5,272 tons of petroleum products and 527,194 tons of bitumen.