IME En­joys 14% Growth in Weekly Trad­ing Value

Iran News - - DOMESTIC -

TEHRAN - While 506,830 MT of com­modi­ties worth over $295.5m were traded in Iran Mer­can­tile Ex­change (IME), trad­ing value and vol­ume ex­pe­ri­enced a growth of 14and 8 per­cent last week, re­spec­tively.

Ac­cord­ing to the re­port from IME In­ter­na­tional Af­fairs and PR, on the do­mes­tic and ex­port metal and min­eral trad­ing floor of IME, 166,285 MT of var­i­ous prod­ucts worth close to $138.4m were traded.

On this trad­ing floor, 158,945 MT of steel prod­ucts, 4,000 MT of alu­minum, 3,200 MT of cop­per, 140 MT of molyb­de­num con­cen­trates as well as 3 kg of gold bul­lion were traded. The re­port de­clares that on do­mes­tic and ex­port oil and petro­chem­i­cal trad­ing floors of IME, 305,808 MT of dif­fer­ent com­modi­ties with the to­tal value of $145.4m were traded.

On this trad­ing floor, more than 98,910 MT of bi­tu­men, 62,203 MT of poly­mer prod­ucts, 106,000 MT of VB feed stock as well as 13,520 MT of lube-cut oil, 18,959 MT of chem­i­cal prod­ucts, 4,700 MT of sul­fur, 874 MT of base oil and slack waxes, 622 MT of in­su­la­tion and 20 MT of ar­gon were traded.

More­over, on the agri­cul­tural trad­ing floor of IME, 30,328 MT of var­i­ous com­modi­ties worth over $9.8m were traded. On this trad­ing floor, 667 MT of feed bar­ley, 26,050 MT of wheat, 3,500 MT of sugar and 110,500 day oil chicks were traded by cus­tomers.

It is worth not­ing that dur­ing the sec­ond week of Septem­ber, the side mar­ket of IME wit­nessed trad­ing of 2,030 MT of HRS with thick­ness 2 as well as 1,832 MT of phos­phate con­cen­trate, 300 MT of am­mo­nium sul­fate, 245 MT of metal scrap and 2.3 MT of empty bar­rels.

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