IME Weekly Report:

IP- Within the month ending on August 22, 2022, Iran Mercantile Exchange (IME) traded on its physical market 10,311,000 tonnes of commodities with a total trading value of more than 2.2 billion USD, logging growths of 16% and 2% in volume and value of trade compared with the month before that.

Iran PressIran News: According to a report by the IME's International Affairs and PR, the IME traded on both domestic and export rings of its oil and petrochemical trading floor 1,827,000 tonnes of commodities valued at more than 864 million USD.

The IME's customers purchased on this floor 547,600 tonnes of vacuum bottom, 532,275 tonnes of bitumen, 321,756 tonnes of polymeric products, 149,500 tonnes of lube cut, 134,590 tonnes of chemicals, 110,125 tonnes of sulfur, 22,017 tonnes of oil, 2,000 tonnes of slops wax and 1,300 tonnes of insulation.

Furthermore, the exchange saw the trade of 8,443,000 tonnes of commodities worth more than 1.4 billion USD on its metals and minerals trading floor.

Items traded on this floor included 4,231,000 tonnes of cement, 1,253,000 tonnes of steel, 2,374,000 tonnes of iron ore, 371,500 tonnes of sponge iron, 46,555 tonnes of aluminum, 114,875 tonnes of zinc, 25,701 tonnes of copper, 730 tonnes of molybdenum concentrate, 500 tonnes of coke, 60 tonnes of precious metals concentrate, 91 kg of gold bars and 600 dignity and fidelity SUV automobiles.

The IME also traded within the month 40,997 tonnes of commodities on its side market.

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