IME weekly trade tops $692m
Within the week ending on June 23, the Iran Mercantile Exchange (IME) witnessed trade of 3,127,518 tons of commodities and 70 vehicles with a total value of more than $692 million on its physical market, posting a growth of 11.3% in terms of value compared to the figures of the previous week.
According to a report by ime.co.ir on Saturday, the exchange saw on its metals and minerals trading floor trade of 2,613,727 tons of commodities and 70 vehicles worth nearly $480 million.
On this floor the IME sold 1,230,760 tons of cement, 842,000 tons of iron ore, 392,342 tons of steel, 147,000 tons of sponge iron, 7,575 tons of aluminum, 5,846 tons of copper, 1,000 tons of zinc, 200 tons of molybdenum concentrate and 70 vehicles.
Furthermore, the IME witnessed on both domestic and export rings of its oil and petrochemical trading floor 497,230 tons of commodities valued at more than $201 million.
Commodities traded on this floor included 220,666 tons of bitumen, 115,000 tons of vacuum bottom, 94,190 tons of polymeric products, 33,707 tons of chemicals, 27,000 tons of lube cut, 4,290 tons of oil, 2,260 tons of sulfur, 650 tons of petroleum products, 300 tons of insulation and 270 tons of feedstocks.
The IME also traded within the same week 16,560 tons of commodities on its side market.