Economy & Politico

Commodities traded on IME exceeds 2 million tonnes

Tehran (ISNA) – Within the week ending on November 4, 2022, the IME witnessed trade of 2,032,025 tonnes of commodities with a total trading value of nearly 478 million USD on its physical market.

According to a report by the IME’s International Affairs and PR, the exchange saw on its metals and minerals trading floor trade of 1,597,000 tonnes of commodities valued at more than 249 million USD.

On this floor the IME sold 1,162,735 tonnes of cement, 130,000 tonnes of iron ore, 199,645 tonnes of steel, 77,500 tonnes of sponge iron, 15,020 tonnes of zinc, 7,325 tonnes of aluminum, 8,709 tonnes of copper, 200 tonnes of molybdenum concentrate, 78 kg of gold bars and 251 vehicles.

Furthermore, the IME witnessed on both domestic and export rings of its oil and petrochemical trading floor 428,957 tonnes of commodities worth nearly 222 million USD.

Commodities traded on this floor included 93,994 tonnes of polymeric products, 110,000 tonnes of vacuum bottom, 60,000 tonnes of lube cut, 33,486 tonnes of chemicals, 2,000 tonnes of sulfur, 5,847 tonnes of base oil, 300 tonnes of insulation and 122,780 tonnes of bitumen.

The IME also traded within the same week 5,934 tonnes of commodities on its side market.

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