Economy & Politico

Commodities traded on IME exceeds 2.5 million tonnes

Tehran (ISNA) – Within the week ending on December 16, 2022, the IME witnessed trade of 2,531,054 tonnes of commodities with a total trading value of more than 781 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 2,065,000 tonnes of commodities valued at more than 541 million USD.

On this floor the IME sold 1,086,868 tonnes of cement, 330,000 tonnes of iron ore, 537,718 tonnes of steel, 112,500 tonnes of sponge iron, 5,025 tonnes of zinc, 7,725 tonnes of aluminum, 8,000 tonnes of copper, 200 tonnes of molybdenum concentrate, 53 kg of gold bars and 4,800 vehicles.

Furthermore, the IME witnessed on both domestic and export rings of its oil and petrochemical trading floor 431,306 tonnes of commodities worth nearly 220 million USD.

Commodities traded on this floor included 867,757 tonnes of polymeric products, 115,000 tonnes of vacuum bottom, 38,500 tonnes of lube cut, 39,429 tonnes of chemicals, 1,200 tonnes of sulfur, 260 tonnes of argon, 5,409 tonnes of base oil, 600 tonnes of insulation and 141,967 tonnes of bitumen.

The IME also traded within the same week 34,531 tonnes of commodities on its side market.

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