Economy, Business And Markets

IME Weekly Trade

IME Weekly TradeIME Weekly Trade

Around 727,000 tons of various commodities were traded at the Iran Mercantile Exchange (IME) during the week that ended April 20, IME public relations reported.

The spot market played host to various offerings within the week, which led to the trade of 727,000 tons of commodities, valued close to $310 million.

The agricultural trading floor registered the trade of 28,450 tons of chickpea, 7,085 tons of corn, 35 tons of barley, 25 tons of sugar, and 100 tons of rice.

In addition, close to 289,600 tons of commodities, valued at more than 4.69 trillion rials, were traded on both local and export industrial and mineral trading floor of the IME. Moreover, 283,941 tons of steel sections, 4,650 tons of copper, 100 tons of molybdenum sulfur, 900 tons of metallurgical coke, 9 tons of metal concentrate, and 3 kg of gold bullions were traded on the same floors.

Elsewhere, the local and export oil and petrochemical trading floor saw 400,894 tons of commodities traded, valued at more than 3.8 trillion rials, which registered 65 and 34 percent growth in trade volume and value respectively. More than 287,500 tons of various grades of bitumen, 43,928 tons of polymers, 25,000 tons of vacuum bottoms, 23,000 tons of lube-cut oil, 19,812 tons of chemicals, 948 tons of roof insulation, 1,060 tons of sulfur, and 30 tons of gas and feedstock were among the commodities grabbed by the customers.