Economy & Politico

good news iran: Commodities traded on IME exceed 1,858,000 Tonnes

Within the week ending on December 3th, 2021, the IME witnessed trade of 1,858,000 tonnes of commodities with a total trading value of more than 458 million USD on its physical market.

According to a report by the IME’s international affairs and PR, the exchange traded on its metals and minerals trading floor 1,515,000 tonnes of commodities valued at more than 248 million USD.

On this floor, the IME’s customers purchased 1,000,166 tonnes of cement, 218,941 tonnes of steel, 50,000 tonnes of I-beam, 34,000 tonnes of sponge iron, 30,685 tonnes of zinc, 10,000 tonnes of cast iron, 8,450 tonnes of aluminum, 4,120 tonnes of copper, 280 tonnes of molybdenum concentrate, 21 tonnes of precious metals concentrate and 4 kg of gold bars.

Furthermore, the IME saw trade 331,729 tonnes of commodities on both domestic and export pits of its oil and petrochemical trading floor valued almost 204 million USD.

Commodities sold on this floor included 106,950 tonnes of bitumen, 84,711 tonnes of polymeric products, 76,000 tonnes of vacuum bottom, 31,383 tonnes of chemicals, 22,000 tonnes of lube cut, 6,580 tonnes of sulfur and 5,449 tonnes of base oil.

Last but not least was the IME’s side market with 11,274 tonnes of commodities traded on it.

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