Economy & Politico

good news iran: Value of Trades rises by 18%

Tehran (ISNA) – Within the week ending on June 18th 2021, the IME witnessed trade of 824,288 tonnes of commodities with a total trading value of almost 384 million USD, showing 31% and 18% of growth in volume and value of trades respectively.

According to a report by the IME’s inter atonal affairs and PR, the exchange sold on its metal and mineral trading floor 438,651 tonnes of commodities worth more than 216 million USD.

Commodities traded on this floor included 185,564 tonnes of steel, 4,720 tonnes of copper, 8,850 tonnes of aluminum, 250 tonnes of molybdenum concentrate, 400 tonnes of metallurgical coke, 12 tonnes of precious metal concentrate, 585 tonnes of zinc ingots, 194,270 tonnes of cement, 11 kg of gold bars, 9,000 tonnes of sponge iron and 35,000 tonnes of iron ore pellets.

 Moreover, the IME saw trade of 383,664 tonnes of commodities on its oil and petrochemical trading floor valued at nearly 167 million USD.

Based on this report, the IME’s customers purchased on this floor, 85,000 tonnes of vacuum bottom, 154,368 tonnes of bitumen, 66,580 tonnes of polymeric products, 31,155 tonnes of chemicals, 38,000 tonnes of lube cut, 110 tonnes of argon, 1,270 tonnes of sulfur, 455 tonnes of insulation, 1,976 tonnes of PDA TAR and 4,750 tonnes of base oil & slack wax,

Also, the exchange played host to trading of 1,973 tonnes of commodities on its side market.

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