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Monthly Report

Growth in Value and Volume of Trades on Iran Mercantile Exchange

Within the month ending on the 19th of January, the IME witnessed trades of 2.893 million tonnes of commodities valued at nearly 1.5 billion USD showing 5 and 7 of growth in volume and value of trades, respectively. According to a report by the IME's international affairs
Growth in Value and Volume of Trades on Iran Mercantile Exchange

According to a report by the IME's international affairs and PR, the exchange hosted trading of 1,176,000 tonnes of commodities with a trading value of more than 740 million USD.

On this floor the IME sold 1,093,000 tonnes of steel, 5,160 tonnes of copper, 30 tonnes of precious metals concentrate, 480 tonnes of molybdenum concentrate, 15,955 tonnes of aluminum, 800 tonnes of coke, 20,500 tonnes of zinc dust, 40,000 tonnes of iron ore concentrate, 300 tonnes of cast iron and 54 kg of gold bars.

On its oil and petrochemical trading floor, the IME traded more than 1,707,000 tonnes of commodities worth nearly 749 million USD, which included 602,855 tonnes of various types of bitumen, 257,511 tonnes of polymeric products, 124,965 tonnes of chemicals, 6,300 tonnes of slop wax and 503,760 tonnes of vacuum bottom. Moreover, the exchange sold on this floor 11,825 tonnes of base oil, 69,725 tonnes of sulfur, 200 tonnes of argon and 129,000 tonnes of lube cut.

The next trading floor of the IME was the agricultural with 10,500 kg of saffron sold on it.

Last but not least, the IME's side market saw trade of 9,510 tonnes of various types of commodities within the same month.

Author: IME International Affairs

ID: 50074660

Published on: Saturday, January 23, 2021 12:00

Source: IME PR

View count: 27

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