The IME: A Transparent, Regulated and Reliable Platform to Trade Metals, Minerals, Petrochemicals and Agricultural Commodities, An Unparalleled Hub for Financial and Derivatives Products

IME Monthly Report

Volume of Trades Up by 17.5%

Within the month ending on May 21, 2023, the IME witnessed trade of 13,429,985 tonnes of commodities and 1,075 vehicles with a total trading value of almost 3 billion USD on its physical market, logging growths of 21.7% in value and 17.5% in volume of trades compared with the month before that.
Volume of Trades Up by 17.5%

According to a report by the IME's International Affairs and PR, the exchange saw on both domestic and export pits of its oil and petrochemical trading floor, trade of 1,777,910 tonnes of commodities valued at nearly 860 million USD.

The IME's customers purchased on this floor 509,402 tonnes of bitumen, 421,000 tonnes of vacuum bottom, 418,260 tonnes of polymeric products, 184,000 tonnes of lube cut, 179,693 tonnes of chemicals, 37,840 tonnes of sulfur, 19,876 tonnes of oil, 12,098 tonnes of petroleum products, 1,670 tonnes of insulation, 1,000 tonnes of slop wax and 790 tonnes of feedstocks.

Moreover, the exchange saw trade of 11,506,598 tonnes of commodities and 1,075 vehicles worth more than 2 billion USD on its metals and minerals trading floor.

Items traded on this floor included 6,074,215 tonnes of cement, 2,778,000 tonnes of iron ore, 1,888,779 tonnes of steel, 748,100 tonnes of sponge iron, 36,030 tonnes of aluminum, 32,700 tonnes of copper, 5,305 tonnes of zinc, 2,000 tonnes of coke, 1,020 tonnes of molybdenum concentrate, 300 tonnes of cast iron, 60 tonnes of precious metals concentrate and 1,075 vehicles.

Last was the IME's side market on which the exchange traded 145,476 tonnes of commodities.

Author: IME International Affairs

ID: 50079886

Published on: Wednesday, May 24, 2023 16:00

Source: IME PR

View count: 77

 Watches

Trading Board

RSS
 Contact us
No.351, Taleghani Ave., Tehran, Iran
Zip Code: 1593649313
Phone: +98 (21) 8564-4012, +98 (21) 8564-4013
Fax: +98 (21) 8838-3000
E-mail: international@ime.co.ir

 

 

All rights reserved for Iran Mercantile Exchange, 2023