Over $731m tons of commodities traded at IME
The Iran Mercantile Exchange (IME) witnessed trade of 3.18 million tons of commodities with a total trading value of more than $731 million on its physical market.
The exchange saw on its metals and minerals trading floor trade of 2.7 million tons of commodities valued at nearly $506 million, reported ime.co.ir on Saturday.
On this floor the IME sold 1,210,277 tons of cement, 745,000 tons of iron ore, 392,000 tons of sponge iron, 344,103 tons of steel, 8,660 tons of copper, 7,880 tons of aluminum and 250 tons of molybdenum concentrate.
Moreover, the IME witnessed on both domestic and export rings of its oil and petrochemical trading floor 469,613 tons of commodities worth more than 219 million USD.
Commodities traded on this floor included 167,000 tons of vacuum bottom, 101,918 tons of polymeric products, 100,342 tons of bitumen, 53,000 tons of lube cut, 33,608 tons of chemicals, 9,150 tons of sulfur, 4,133 tons of oil, 260 tons of feedstocks and 100 tons of waterproofing materials.
The IME also traded within the same week 2,861 tons of goods on its side market.