More than $440 m. dollars commodities traded at IME

Tehran (IP) - Within a week ending on October 29th, 2021, the Iran Mercantile Exchange (IME) witnessed trade of 1,711,000 tonnes of commodities valued at 440 million USD on its physical market.

Iran PressIran news: According to a report by the IME's international affair and PR, the exchange-traded 1,369,000 tonnes of commodities worth almost 216 million USD within the week.On this floor, the IME's customers purchased 1,000,050 tonnes of cement, 302,097 tonnes of steel, 2,380 tonnes of copper, 4,475 tonnes of aluminum, 18 tonnes of precious metals concentrate, 265 tonnes of zinc, 16 kg of gold bars and 20,000 tonnes of sponge iron.

Furthermore, the IME saw trade 331,457 tonnes of commodities on domestic and export pits of its oil and petrochemical trading floor valued at more than 217 million USD.Commodities sold on this floor included 98,000 tonnes of vacuum bottom, 74,906 tonnes of bitumen, 81,996 tonnes of polymeric products, 34,967 tonnes of chemicals, 34,000 tonnes of lube cut, 4,009 tonnes of base oil, and 3,800 tonnes of sulfur.

Last but not least was the IME's side market with 11,291 tonnes of commodities traded on it.


Read more:


Iran's exports to EU growing by 13%

Commodities worth $384m sold on IME

IME weekly report; growth in volume and value of trades