Economy, Business And Markets

Bitumen Abounds at IME

Bitumen Abounds at IMEBitumen Abounds at IME

Iran Mercantile Exchange saw the offering of 134,500 tons of commodities on Saturday. According to IME, 95,000 tons of various grades of bitumen were supplied by local petrochemical complexes both for domestic and foreign customers. The oil and petrochemical board featured 56,900 tons of bitumen offered by Pasargad Oil Company, 34,100 tons of the same commodity by Jey Oil Refining Company and 300 tons by Hamyar Jey Yazd Company. More than 14,860 tons of petrochemicals were also put up on the same board. The export board saw 3,500 tons of bitumen and 100 tons of roof insulation. Iran Alloy Steel Company offered 2,500 tons of rebar bundles on the industrial and mining board, which also filed the offering of 60 tons of billet by Iran Aluminum Company. The agricultural board featured 13,800 tons of corn, 4,000 tons of wheat, 1,050 tons of unprocessed vegetable oil, 1,000 tons of soybean flakes and 610 tons of rice.