Economy & Politico

2.3 Million tonnes of commodities changed hands on IME

Tehran (ISNA) – Within the week ending on October 7, 2022, the IME witnessed trade of 2,309,000 tonnes of commodities with a total trading value of nearly 525 million USD, logging growths of 17% and 34% in volume and value of trades compared with the week before that.

According to a report by the IME’s International Affairs and PR, the exchange saw on its metals and minerals trading floor trade of 1,893,000 tonnes of commodities valued at nearly 317 million USD.

On this floor the IME sold 1,186,231 tonnes of cement, 205,000 tonnes of iron ore, 354,903 tonnes of steel, 120,000 tonnes of sponge iron, 17,200 tonnes of zinc, 7,325 tonnes of aluminum, 4,544 tonnes of copper, 200 tonnes of molybdenum concentrate, 20 kg of gold bars and 35 truck.

Furthermore, the IME witnessed on both domestic and export rings of its oil and petrochemical trading floor 400,259 tonnes of commodities worth nearly 202 million USD.

Commodities traded on this floor included 89,569 tonnes of polymeric products, 98,000 tonnes of vacuum bottom, 45,500 tonnes of lube cut, 33,070 tonnes of chemicals, 2,500 tonnes of sulfur, 2,264 tonnes of base oil, 1,015 tonnes of insulation and 124,370 tonnes of bitumen.

The IME also traded within the same week 15,748 tonnes of commodities on its side market.

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