Economy, Business And Markets

425KT of Goods Supplied at IME

425KT of Goods Supplied at IME425KT of Goods Supplied at IME

Iran Mercantile Exchange’s industrial and mining trading board witnessed the supply of 176,000 tons of bloom ingots by Khuzestan Steel Company at the base price of $0.33 per kilogram on Tuesday. The board also featured 12,000 tons of aluminum oxides supplied by Iran Alumina Company at the base price of $0.33 per kilogram, IME reported. The oil and petrochemical trading board saw more than 57,640 tons of polymers, 50,600 tons of bitumen, 21,500 tons of vacuum bottoms, 8,000 tons of lube cuts and 1,500 tons of sulfur. Meanwhile, 77,000 tons of bitumen supplied by Jey Oil Refining Company, 5,000 tons of the same commodity by Black Gold Bitumen Trading Company, 5,000 tons by Shiraz Oil Refining Company and 1,000 tons by RK Refining and Energy Company were put up on the export trading board. The agricultural trading board saw 5,000 tons of durum wheat, 2,500 tons of soybeans, 1,550 tons of unprocessed vegetable oil, 400 tons of rice bran and 210 tons of rice. Overall, 425,000 tons of goods were supplied in IME’s spot market on Monday.