good news iran: A mixed bag of 1,872,000 tonnes of commodities traded on IME
Within a week ending on November 12th, 2021, the IME witnessed trade of 1,782,000 tonnes of commodities with a total trading value of more than 454 million USD on its physical market.
According to a report by the IME’s international affair and PR, within the week, the exchange traded on its metals and minerals trading floor 1,474,000 tonnes of commodities worth more than 242 million USD.
On this floor, the IME’s customers purchased 1,000,060 tonnes of cement, 269,529 tonnes of steel, 100,000 tonnes of iron ore, 20,800 tonnes of zinc, 15,500 tonnes of sponge iron, 6,520 tonnes of copper, 3,585 tonnes of aluminum, 18 tonnes of precious metals concentrate and 24 kg of gold bars.
Furthermore, the IME saw trade 387,350 tonnes of commodities on both domestic and export pits of its oil and petrochemical trading floor valued more than 209 million USD.
Commodities sold on this floor included 182,900 tonnes of vacuum bottom, 81,033 tonnes of polymeric products, 68,844 tonnes of bitumen, 33,927 tonnes of chemicals, 16,000 tonnes of lube cut, 2,817 tonnes of base oil, 990 tonnes of sulfur and 230 tonnes of insulation.
Last but not least was the IME’s side market with 10,081 tonnes of commodities traded on it.