Economy, Business And Markets

148KT of Goods at IME

148KT of Goods at IME148KT of Goods at IME

Iran Mercantile Exchange’s oil and petrochemical trading board witnessed the supply of 57,000 tons of vacuum bottom by Isfahan, Bandar Abbas, Tehran and Tabriz oil refining companies on Sunday.

Furthermore, 23,000 tons of lube cut oil, 7,667 tons of petrochemicals and 2,300 tons of sulfur were also offered on the same board.

The industrial and mining trading board played host to 1,500 tons of copper cathode by National Iranian Copper Industries Company at the base price of $4.2 per kg and 1,000 tons of copper wires at the base price of $4.5 per kg, as well as 20,000 tons of low-grade copper and 12 tons of precious metals concentrate.

Kashan Copper World Company was also present on the same board, offering 100 tons of copper wires at the base price of $4.5 per kg.

Finally, 30,000 tons of rice, 3,000 tons of feed corn, 500 tons of unprocessed soybean oil and 2,544 tons of corn were supplied on the agricultural trading board.

Overall, the IME’s spot market saw the supply of about 148,000 tons of commodities on Sunday.