IME Weekly Report:
IME Weekly Report: Commodities Traded on IME Exceeds 1,858,000 Tonnes

Tehran (IP) - Within the week ending on December 3rd, 2021, Iran Mercantile Exchange (IME) witnessed a trade of 1,858,000 tonnes of commodities with a total trading value of more than 458 million USD on its physical market.

Iran PressIran News: According to an IME's international affairs and PR report, 1,515,000 tonnes of commodities valued over 248 million USD traded on the Metal and mineral floor.

On the same floor, the IME's customers purchased 1,000,166 tonnes of cement, 218,941 tonnes of steel, 50,000 tonnes of I-beam, 34,000 tonnes of sponge iron, 30,685 tonnes of zinc, 10,000 tonnes of cast iron, 8,450 tonnes of aluminum, 4,120 tonnes of copper, 280 tonnes of molybdenum concentrate, 21 tonnes of precious metals concentrate and 4 kg of gold bars.

Furthermore, the IME saw trade 331,729 tonnes of commodities on domestic and export pits of its oil and petrochemical trading floor valued at almost 204 million USD.

Commodities sold on this floor included 106,950 tonnes of bitumen, 84,711 tonnes of polymeric products, 76,000 tonnes of vacuum bottom, 31,383 tonnes of chemicals, 22,000 tonnes of lube cut 6,580 tonnes of sulfur, and 5,449 tonnes of base oil.

Last but not least was the IME's side market with 11,274 tonnes of commodities traded on it.

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