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TEHRAN, October 30 - 724,002 MT of commodities worth over $395 million were traded in Iran’s Mercantile Exchange (IME), the trade value and volume experienced a growth of 42% and 19%, respectively over the last week of October.
TEHRAN, Young Journalists Club (YJC) - According to the report from the IME International Affairs and PR, last week, on the domestic and export metal and mineral trading floor of IME, 292,070 MT of various products worth close to $203 million were traded.
On this trading floor, 55,000 MT of iron ore, 231,804 MT of steel products, 6 MT of precious metals concentrates as well as 5,060 MT of copper, 140 MT of molybdenum concentrates, 60 MT of zinc and 10 kg of gold bullion were traded.
The report declares that on domestic and export oil and petrochemical trading floors of IME, 369,937 MT of different commodities with the total value of $173 million were traded.
On this trading floor, more than 158,093 MT of bitumen, 64,073 MT of polymer products, 67,000 MT of VB feed stock as well as 21,000 MT of lube-cut oil, 22,863 MT of chemical products, 32,190 MT of sulfur, 1,058 MT of base oil, 40 MT of argon gas and 3,620 MT of insulation were traded.
Moreover, on the agricultural trading floor of IME, 61,920 MT of various commodities worth over $19 million were traded. On this trading floor, 53,750 MT of wheat, 8,100 MT of sugar as well as 70,000 day old chicks were traded by customers.
It is worth noting that during the fourth week of October, the side market of IME witnessed trading of 75 MT of mineral commodities.
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