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Economy, Business And Markets

IME Features 290KT of Goods

Iran Mercantile Exchange’s industrial and mining trading floor witnessed the offering of 76,000 tons of I-beams priced at 14,600 rials per kg and 2,640 tons of rebars priced at 179,406 rials per kg by Isfahan Steel Company on Sunday.

As IME reported, 4,000 tons of copper cathodes priced at 179,406 rials per kg, 3,500 tons of copper wires at the base price of 186,800 rials per kg, 20,000 tons of low-graded copper, 140 tons of molybdenum sulfur and 18 tons of precious metals concentrates by National Iranian Copper Industries Company were listed on the same floor.

The oil and petrochemical trading floor played host to 71,000 tons of various grades of bitumen, 17,000 tons of vacuum bottoms, 16,000 tons of lube-cut oil and 3,426 tons of various petrochemicals.

The export trading floor recorded the offering of 14,300 tons of various grades of bitumen and 600 tons of roof insulation.

Elsewhere, 4,000 tons of durum wheat, 2,000 tons of soybean flake, 250 tons of rice, 250 tons of corn and 100 tons of unprocessed vegetable oil were supplied on the agricultural trading floor.

Overall, more than 290,000 tons of commodities were offered in IME’s spot market.