• Wed / 14 April 2021 / 14:57
  • Category: Economy
  • News Code: 1400012514562
  • Journalist : 71477

IME witnesses growth in volume, value of trades

IME witnesses growth in volume, value of trades

Tehran (ISNA) - Within the week ending on April 9th, 2021, the IME witnessed trade of 745,073 tonnes of commodities with a total trading value of more than 443 million USD, showing 102 and 109 percent of growth in volume and value of trades respectively.

According to a report by the IME's international affairs and PR, the exchange sold on its mineral and industrial trading floor, 334,819 tonnes of various commodities valued at almost 219 million USD.

Commodities traded on this floor included 329,239 tonnes of steel, 4,680 tonnes of copper, 685 tonnes of aluminum, 120 tonnes of molybdenum concentrate and 100 tonnes of lead.

Another trading floor of the IME was the oil and petrochemical which saw trade of 408,779 tonnes of commodities on both its domestic and export pits worth more than 201 million USD.

On this floor the IME's customers purchased 217,000 tonnes of vacuum bottom, 68,103 tonnes of bitumen, 57,546 tonnes of polymeric products, 26,420 tonnes of chemicals, 33,200 tonnes of lube cut, 3,293 tonnes of base oil, 50 tonnes of argon, 250 tonnes of insulation rolls and 1,275 tonnes of sulfur.

Based on this report, the IME also traded on its agricultural trading floor 2,500 kg of saffron.

Moreover, the exchange traded 1,473 tonnes of commodities on its side market.

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