Iranian IME Witnessed Growth in Trading Volume and Value

During the week ending on 28 November, while 867,603 MT of commodities worth over 857 million USD were traded on Iran Mercantile Exchange, the trading volume and value grew by as much as 38 percent and 25 percent, respectively.

Iran Press/Iran news: According to the report from IME International Affairs and PR, last week, on the domestic and export metal and mineral trading floor of IME, 316,904 MT of various products worth close to 421 million USD were traded.

On this trading floor, 299,422 MT of steel, 5,630 MT of copper, 5,720 MT of aluminum, 120 MT of molybdenum concentrates, 5,000 MT of iron ore and 12 MT of precious metal concentrates as well as 3 kg of gold bullion were traded by customers.

The report declares that on domestic and export oil and petrochemical trading floors of IME, 543,555 MT of different commodities with a total value of 446 million USD were traded.

On this trading floor, 158,421 MT of bitumen, 224,500 MT of VB feed stock, 82,840 MT of polymer products, 40,500 MT of lube cut oil, 30,026 MT of chemical products, 760 MT of insulation, 2,000 MT of slaps waxes as well as 3,220 MT of sulfur were traded.

Furthermore, 7,144 MT of commodities were traded on the side market of IME.

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