IME Monday Report
Economy, Business And Markets

IME Monday Report

National Iranian Copper Industries Company (NICIC), World Copper Company (WCC), and Kaveh Copper Industries Company (KCIC) offered different grades of copper at Iran Mercantile Exchange’s spot market on Monday trading.
According to IME public relations, 4,000 tons of copper cathodes from the NICIC, with the base price of 206,258 rials per kg, were listed on the industrial and mining trading floor. The NICIC also offered 3,500 tons of copper wire priced at 213,352 rials per kg, 100 tons of molybdenum sulfur, and 12 tons of precious metals concentrate. Moreover, the board also recorded the offering of 270 tons of copper wire by the WCC, as well as 60 tons of copper wire by the KCIC.
The floor also played hosts to 2,200 tons of rebar bundles by Persian Steel Company, and 10 kg of gold bullions by Mouteh Gold Complex.
The agricultural trading floor witnessed the offering of 82,915 tons of corn, and 7,915 tons of rice.
Elsewhere, the oil and petrochemical trading floor registered the offering of 30,000 tons of different grades of bitumen, 13,000 tons of vacuum bottoms, 1,500 tons of sulfur, 1,000 tons of slap wax, and 13,351 tons of polymers. Local petrochemical complexes also offered polyethylene, poly styrene, and acrylonitrile butadiene styrene.
The export trading floor played host to 9,000 tons of bitumen 6070, and 200 tons of roof insulation.
Overall, close to 200,000 tons of various commodities were offered at IME’s spot market.

Short URL : http://goo.gl/1BCknL

You can also read ...

Connectivity Central to Iran-India Future Ties
Iranian President Hassan Rouhani’s recent state visit to India...
Export Billet Prices Climb Amid Higher Offers, Transactions
Iranian export billet prices went up by $5-15 per ton on an...
Nissan to Test Self-Driving Taxis
Nissan Motor Co is taking its first steps to becoming an...
Coated Steel Strip Production Jumps 42% in 10 Months
Iran’s coated steel strip output reached a record 1.26 million...
Qatar, Oman Becoming Iran's New Trade Gateways
Iran is working to curb its trade ties with the UAE, replacing...
CBI: Inflation at 9.9%
The average goods and services Consumer Price Index for urban...
Rial Gaining Ground
Rial continued its gain against the US dollar in Tehran's...
Renewed Efforts to Sideline US Dollar in Foreign Trade
Months after a meeting between Iran’s Leader Ayatollah Seyyed...