Economy, Business And Markets

NICIC Under Spotlight at IME

NICIC Under Spotlight  at IMENICIC Under Spotlight  at IME

Iran Mercantile Exchange (IME)’s industrial and mining trading floor featured various commodities offered by the National Iranian Copper Industries Company (NICIC) on Sunday.  The IME  said that 4,000 tons of copper cathodes, with the base price of 193,047 rials per kg, 3,500 tons of copper wire, priced at 200,371 rials per kg, 100 tons of molybdenum sulfur, and 18 tons of precious metals concentrates were offered by the NICIC to local customers. In addition, 270 tons of copper wire, priced at 200,921 rials per kg, as well as 100 tons of zinc ingots, with the base price of 79,000 rials per kg were put up on the board of the same floor.  The oil and petrochemical trading floor played host to 33,800 tons of bitumen, 22,000 tons of lube-cut oil, 24,000 tons of vacuum bottoms, 8,800 tons of sulfur, and 3,199 tons of chemicals.  The export trading floor registered 24,850 tons of bitumen, and 300 tons of roof insulation. And finally, the agricultural trading floor saw the offering of close to 63,250 tons corn, 6,000 tons of frozen chicken, as well as 24,750 tons of chickpea.