• Mon / 1 February 2021 / 16:27
  • Category: Economy
  • News Code: 99111309788
  • Journalist : 71477

Upward trend of trades in IME market

Upward trend of trades in IME market

Tehran (ISNA) - Within the week ending on the 29th of January, the IME witnessed trade of 689,307 tonnes of commodities worth more than 306 million USD, showing 62 and 26 percent of growth in volume and value of trades respectively.

According to a report by the IME's international affairs and PR, the exchange traded on its mineral and industrial trading floor 183,231 tonnes of various types of commodities valued at more than 102 million USD.

Commodities traded on this floor included 180,395 tonnes of steel, 1,600 tonnes of copper, 1,000 tonnes of aluminum, 120 tonnes of molybdenum concentrate, 6 tonnes of precious metals concentrate, 10 tonnes of lead and 100 tonnes of cast iron.

The next trading floor of the IME was the oil and petrochemical, which traded on its domestic and export rings 502,388 tonnes of commodities with a total trading value of more than 204 million USD.

On this floor, customers purchased 204,200 tonnes of vacuum bottom, 143, 964 tonnes of bitumen, 65,899 tonnes of polymeric products, 32,126 tonnes of chemicals, 55,500 tonnes of lube cut, 1,560 tonnes of base oil and 325 tonnes of sulfur.

It's also worth noting that 3,688 tonnes of commodities changed hands on the IME's side market.

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