TEHRAN, November 26 - Some 482,905 MT of commodities worth over $308 million were traded in Iran Mercantile Exchange (IME) in the third week of November, the trade volume and value experienced a growth of 7% and 12%, respectively.
TEHRAN, Young Journalists Club (YJC) - According to the report from IME International Affairs and PR, last week, on the domestic and export metal and mineral trading floor of IME, 214,651 MT of various products worth close to $169.7 million were traded.
On this trading floor, 211,591 MT of steel products, 2,760 MT of copper, 300 MT of coke as well as 15 kg of gold bullion were traded.
The report declares that on domestic and export oil and petrochemical trading floors of IME, 204,479 MT of different commodities with the total value of $121.9 million were traded.
On this trading floor, more than 76,861 MT of bitumen, 53,577 MT of polymer products, 40,000 MT of VB feed stock as well as 10,500 MT of lube-cut oil, 19,837 MT of chemical products, 1,200 MT of sulfur, 713 MT of base oil and slack waxes, 500 MT of slaps waxes and 1,292 MT of insulation were traded.
Moreover, on the agricultural trading floor of IME, 62,656 MT of various commodities worth over $15.2 million were traded. On this trading floor, 58,250 MT of wheat, 4,036 MT of maize as well as 370,000 day old chicks were traded by customers.
It is worth noting that during the third week of November, the side market of IME witnessed trading of 1,100 MT of palm oil and 18 T of methylene di-phenyl diisocyanate.