• Sun / 23 May 2021 / 16:33
  • Category: Economy
  • News Code: 1400030201512
  • Journalist : 71477

IME witnesses rise in volume, value of trades

IME witnesses rise in volume, value of trades

Tehran (ISNA) - Within the week ending on May, 21, 2021, the IME witnessed trade of 861,793 tonnes of commodities with a total trading value of almost 554 million USD, showing 36% and 40% of growth in volume and value of trades respectively as compared to the previous week.

According to a report by the IME's international affairs and PR, the exchange traded on its mineral and industrial trading floor, 518,793 tonnes of commodities worth more than 350 million USD.

On this floor the IME sold 399,269 tonnes of steel, 1,120 tonnes of copper, 680 tonnes of aluminum, 120 tonnes of molybdenum concentrate, 24 tonnes of precious metals concentrate, 106,000 tonnes of iron ore pellets and concentrate, 480 tonnes of zinc, 100 tonne of lead, 10,000 tonnes of sponge iron (DRI) and 4 kg of gold bars.

 The next trading floor was the oil and petrochemicals with 338,363 tonnes of commodities sold on its both domestic and export pits, valued at more than 200 million USD.

 Commodities traded on this floor included 83,500 tonnes of vacuum bottom, 88,868 tonnes of bitumen, 80,255 tonnes of polymeric products, 38,437 tonnes of chemicals, 43,000 tonnes of lube cut, 3,691 tonnes  of base oil, 60 tonnes of argon and 200 tonnes of sulfur.

Last but not least was the IME's side market with 4,423 tonnes of commodities traded on it.

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