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At the End of August: Monthly Trade Value in IME Hits 1,929 Million USD

During August 2017, Iran Mercantile Exchange played host to trading of 2,638 thousand tonnes of various commodities worth over 1,228 million USD in spot and side markets, 169,720 gold coin futures contracts worth more than 701 million USD as well as 3,317 gold coins options contracts.
At the End of August: Monthly Trade Value in IME Hits 1,929 Million USD

According to the report from IME International Affairs and PR, 2,638 thousand tonnes of different commodities were traded in domestic and export trading floors including 1,596 thousand tonnes of various commodities worth more than 690 million USD in oil and petrochemical trading floor, 800 thousand tonnes of different products worth approximately 451 million USD in metals and minerals trading floor, and approximately 226 thousand tonnes of agricultural products worth 79 million USD in agricultural trading floor in the spot market.

Moreover, this month, the export trading floor witnessed trading of 409,228 MT of bitumen worth more than 104 million USD, 275 thousand tonnes of Iron ore worth more than 9 million USD, 5,719 MT of insulation worth more than 2.6 million USD, 5,096 MT of sulfur worth over 339 thousand USD as well as 250 MT of agricultural commodities worth more than 123 thousand USD.

In addition, IME experienced trading of 14,806 MT of products worth 6.7 million USD in its side market during the same month.

It is worth noting, the derivatives market played host to the trading of 169,720 gold coin futures contracts worth over 701 million USD as well as 3,317 options contracts worth more than 7 thousand USD.

Author: International Affairs and PR

ID: 50058005

Published on: Saturday, September 2, 2017 12:00

Source: IME

View count: 5

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