Economy, Business And Markets

IME Weekly Trade Up 10%

IME Weekly Trade Up 10% IME Weekly Trade Up 10%

Iran Mercantile Exchange witnessed the trading of 764,312 tons of commodities valued at $305.5 million in the trading week that ended on September 8, indicating a 10% and 9% growth in trading volume and value compared to the week before respectively.

IME also reported on its website that the traded commodities included about 350,000 tons of steel products, 55,000 tons of iron ore, 4,290 tons of copper, 120 tons of molybdenum concentrate, 3 tons of precious metals concentrate, 9 kilograms of gold bars, 92,600 tons of bitumen, 50,460 tons of polymers, 69,470 tons of vacuum bottoms, 16,500 tons of lube cuts, 19,480 tons of chemicals, 6,180 tons of sulfur and 1,750 tons of insulations.

Agro products traded at IME included 64,180 tons of barley, 15,800 tons of white sugar, 6,000 tons of corn, 200 tons of unprocessed vegetable oil, 450 tons of soybeans and 825 tons of frozen chicken.

According to IME, steel products, chemicals, polymers, copper and frozen chicken registered a rise in trading volume compared to the previous week.