IME trading volume rises by 50% mid January

Young journalists club

News ID: 7242
Iran » Iran
Publish Date: 19:01 - 14 January 2017
552,209 MT of commodities worth over $256 million were traded in the Iran Mercantile Exchange (IME) mid January, the volume and value of trading experienced a growth of 50.28% and 13.33%, respectively.
IME trading volume rises by 50% mid JanuaryAccording to the report from the IME International Affairs and PR, last week, on the domestic and export metal and mineral trading floor of the IME, 259,551 MT of various products worth close to $125 million were traded.

On this trading floor, 140,475 MT of steel products, 110,000 MT of iron ore, 7,670 MT of copper, 1,280 MT of aluminum, 120 MT of molybdenum concentrates, 6 MT of precious metals concentrates and 5 Kg of gold bullion were traded.

The report declares that on domestic and export oil and petrochemical trading floors of the IME, 245,551 MT of different commodities with the total value of $106 million were traded.

On this trading floor, more than 90,151 MT of bitumen, 30,538 MT of polymer products, 73,500 MT of VB feed stock as well as 19,000 MT of lube-cut oil, 19,882 MT of chemical products, 11,400 MT of sulfur, 980 MT of insulation, and 100 MT of argon were traded.

Moreover, on the agricultural trading floor of the IME, 90,740 MT of various commodities worth over $24 million were traded.

On this trading floor, 19,480 MT of maize, 11 MT of feed barley, 69,000 MT of wheat, 2,000 MT of rice, 150 MT of sugar and 100 MT of crude soybean oil were traded by the customers.

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