• Mon / 29 November 2021 / 15:15
  • Category: Economy
  • News Code: 1400090806200
  • Journalist : 71477

IME hits new records in weekly, daily value of trades

IME hits new records in weekly, daily value of trades

Tehran (ISNA) - Within the week ending on November 26th, 2021, the IME witnessed trade of more than 2 million tonnes of commodities, hitting a new record of almost 669 million USD.

According to a report by the IME's international affairs and PR the exchange posted growths of 4% in volume and 12% in value of trades compared to the figures of the previous week. The IME's previous weekly record in value of trades was 665 million USD.

Also, the exchange set an unprecedented daily record in value of trades on Wednesday, November 24, 2021, logging more than 327 million USD, which is an increase of 22% in daily value of trades in comparison to the last record of the exchange registered on September 26th.

Commodities sold weekly on the IME's metals and minerals trading floor included 1,718,000 tonnes of commodities worth more than 476 million USD.

 On this floor, the IME witnessed trade of 1,000,042 tonnes of cement, 558,496 tonnes of steel, 51,000 tonnes of iron ore, 49,500 tonnes of sponge iron, 10,400 tonnes of aluminum, 7,290 tonnes of copper, 1,930 tonnes of zinc, 21 tonnes of precious metals concentrate and 11 kg of gold bars.

Furthermore, the IME saw - during the same week - on both domestic and export pits of its oil and petrochemical trading floor trade of 310,230 tonnes of commodities valued at more than 189 million USD.

The IME's customers purchased on this floor 84,380 tonnes of bitumen, 77,363 tonnes of polymeric products, 74,000 tonnes of vacuum bottom, 35,000 tonnes of lube cut, 31,178 tonnes of chemicals, 4,718 tonnes of base oil, 720 tonnes of sulfur and 50 tonnes of argon.

Last but not least was the IME's side market with 4,720 tonnes of commodities traded on it.

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