Economy, Business And Markets

Gold Glitters at IME

Gold Glitters at IME
Gold Glitters at IME

Iran Mercantile Exchange’s industrial and mining trading board featured the offering of 30.1 kilograms of various grades of gold by Zarshouran Mine on Monday.

In addition, the board also saw the offering of 1,000 tons of copper cathode and 1,000 tons of copper wires by National Iranian Copper Industries Company. NICICO also offered 20,000 tons of low-grade copper, 140 tons of molybdenum sulfur and 18 tons of precious metals concentrate, the IME reported.

The industrial and mining board witnessed 2,200 tons of Grade C hot-rolled steel sheet, 2,200 tons of Grade B hot-rolled steel sheet, 1,000 tons of Grade B cold-rolled steel sheet and 500 tons of tin-plated steel offered by Mobarakeh Steel Company, in addition to 14,000 tons of rebars and beams by Isfahan Steel Company.

The oil and petrochemical trading board featured 25,000 tons of vacuum bottoms, 15,000 tons of lube cut oil, over 4,670 tons of polymers, 500 tons of sulfuric acid and 300 tons of sulfur.

The export trading board recorded the offering of about 24,000 tons of bitumen.

Meanwhile, 4,000 tons of durum wheat, 1,050 tons of unprocessed vegetable oil, 1,000 tons of animal corn, 500 tons of soybeans, 240 tons of rice and 15 tons of corn were put up on the agricultural trading board.

Overall, more than 118,330 tons of goods were offered in IME’s spot market on Sunday.