IME monthly trade nears $3b

The Iran Mercantile Exchange (IME) witnessed trade of 13.986 million tons of commodities, 29 vehicles and four apartment units with a total value of nearly $3 billion on its physical market, registering growths of 16.7 percent in volume term and seven percent in value term during the month to January 20, compared with the month before that.
According to ime.co.ir, the exchange saw on its metals and minerals trading floor, trade of 11.144 million tons of commodities and 29 vehicles valued at almost $2 billion.
On this floor the IME sold 4.9 million tons of cement, 4.249 million tons of iron ore, 1.725 million tons of steel, 520,500 tons of sponge iron, 69,725 tons of zinc, 36,206 tons of copper, 32,835 tons of aluminum, 800 tons of molybdenum concentrate, 600 tons of coke, 200 tons of cast iron, 175 tons of lead, 57 tons of precious metals concentrate as well as 29 vehicles.
The IME also traded 4 apartment units on its real estate and housing trading floor.
Moreover, the exchange saw trade of 2.361 million tons of commodities worth more than $1 billion on both domestic and export rings of its oil and petrochemical trading floor.
Items traded on this floor included 754,131 tons of bitumen, 737,400 tons of vacuum bottom, 419,600 tons of polymeric products, 223,500 tons of lube cut, 152,463 tons of chemicals, 46,500 tons of sulfur, 17,819 tons of oil, 9,612 tons of petroleum products, 1,860 tons of feedstocks, 1,148 tons of waterproofing materials and 500 tons of slop wax.

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