• Sat / 25 December 2021 / 15:08
  • Category: Economy
  • News Code: 1400100402366
  • Journalist : 71477

Volume, value of trades in oil, petrochemical up by 7%, 5%

Volume, value of trades in oil, petrochemical up by 7%, 5%

Tehran (ISNA) - Within a month ending December 21st, the IME witnessed trade of 8,376,000 tonnes of commodities with a total trading value of almost 2,443 million USD, with volume and value of trades in the oil and petrochemical trading floor going up by 7% and 5% respectively, as compared to the figures of the previous month.

According to a report by the IME's international affairs and PR, the exchange sold on both domestic and export pits of its oil and petrochemical trading floor more than 1,460,000 tonnes of commodities worth more than 940 million USD.

On this floor the exchange traded 450,000 tonnes of vacuum bottom, 420,000 tonnes of bitumen, 396,000 tonnes of polymeric products, 191,000 tonnes of lube cut, 133,000 tonnes of chemicals, 26,000 tonnes of sulfur, 20,000 tonnes of oil, 3,800 tonnes of slops wax, 550 tonnes of argon and 48 tonnes of insulation.

Next was the metals and minerals trading floor with trades of 6,701,000 tonnes of commodities valued at nearly 1,476 million USD.

Commodities changing hand on this floor included 4,643,000 tonnes of cement, 1,511,000 tonnes of steel, 241,000 tonnes of iron ore, 201,000 tonnes of sponge iron, 41,000 tonnes of aluminum, 35,000 tonnes of zinc, 33,000 tonnes of copper, 12,000 tonnes of cast iron, 540 tonnes of molybdenum concentrate, 400 tonnes of coke, 81 tonnes of precious metals concentrate and 16 kg of gold bars.

It's worth noting that the IME also played host to trade of 34,095 tonnes of non-exchange-listed commodities on its side market.

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