Economy, Business And Markets

IME Spot Market Offers 141KT of Goods

IME Spot Market Offers 141KT of GoodsIME Spot Market Offers 141KT of Goods

Iran Mercantile Exchange’s export trading board saw 55,000 tons of granulated iron ore supplied by Iranian Central Plateau Iron Ore Complex at the base price of $11 per ton on Monday.

Close to 4,000 tons of bitumen and 350 tons of roof insulations were offered on the same board.

Mobarakeh Steel Company supplied 2,200 tons of C hot-rolled sheets, 2,200 tons of B hot-rolled sheets, 1,000 tons of G galvanized sheets, 1,000 tons of B cold-rolled sheets and 500 tons of tin-plated sheets on the industrial and mining trading board.

The industrial and mining trading board’s other offerings of the day included 1,400 tons of aluminum ingots of 99.8% purity and 300 tons of ingots of 99.7% purity by Iran Aluminum Company, as well as 1,012 tons of A3-20,25 rebars by Isfahan Steel Company and 10 kg of gold bars by Mouteh Gold Mine.

The oil and petrochemical trading board witnessed the offering of 46,200 tons of bitumen, 16,544 tons of polymers, 5,000 tons of vacuum bottoms and 100 tons of lump sulfur.

Finally, 2,196 tons of corn, 500 tons of unprocessed soybean oil, 1,000 tons of durum wheat, 200 tons of white sugar, 130 tons of feed corn and 100 tons of beet pulp were offered on the agricultural trading board.

Overall, the IME spot market saw more than 141,000 tons of goods supplied on Monday.