good news iran: Value of trades at IME up by 13%
Within the week ending on 15th of October, the IME witnessed trade of 1,817,000 tonnes of commodities on its physical market worth almost 464 million USD, showing 13% of growth in both volume and value of trades as compared to the figures of the previous week.
According to a report by the IME’s international affair and PR, the exchange experienced within this week trade of 1,323,000 tonnes of commodities valued at almost 217 million USD on its metals and mineral trading floor.
On this floor the IME sold 980,520 tonnes of cement, 184,807 tonnes of steel, 11,325 tonnes of copper, 6,725 tonnes of aluminum, 15 tonnes of precious metals concentrate, 4,050 tonnes of zinc, 135,000 tonnes of iron ore, 2,000 tonnes of coke, 20 kg of gold bars and 2,500 tonnes of sponge iron.
Furthermore, the IME saw trade 484,132 tonnes of commodities on both domestic and export pits of its oil and petrochemical trading floor valued at almost 236 million USD.
Commodities sold on this floor included 211,000 tonnes of vacuum bottom, 104,000 tonnes of bitumen, 75,393 tonnes of polymeric products, 33,935 tonnes of chemicals, 33,500 tonnes of lube cut, 4,989 tonnes of base oil, 500 tonnes of slops wax, 105 tonnes of insutation and 20,800 tonnes of sulfur.
It’s worth noting that the IME witnessed trade of 400 kg of saffron on its agricultural trading floor.
Last but not least was the IME’s side market with 9,611 tonnes of commodities traded on it.